From the following data of a processing industry, calculate 1) Equivalent Production 2) Cost per unit of equivalent production 3) Cost of units completed and awaiting completion:

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No. of units introduced in the process No. of units completed and transferred to 4,000 3,000 the next process No. of units in the process at the end of 800 the period Stage of completion: Materials Labour Overheads 80% 70% 70% Normal process loss at the end of the process 200 units Value of scrap - Re 1 per unit Value of raw materials - Rs. 7,480 Wages Rs. 10,680 Overheads Rs. 7,120