imami LLC produces car accessories. The company incurs fixed production overheads of OMR 90,000 for...
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Accounting
imami LLC produces car accessories. The company incurs fixed production overheads of OMR 90,000 for an accounting year 2019. Actual production during the year was 25,000 units. The normal production is 5,000 units per annum. Considering IAS2, the amount of fixed production overheads that should be allocated to each unit of production is:
a) None of them
b) OMR 3.6
c) OMR 2.4
d) OMR 6
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