1-

Sur Company uses a weighted-average process-costing system. Company records disclosed that the firm completed 62,600 units during the month and had 6,000 units in process at month-end, 40% complete. Conversion costs associated with the beginning work-in-process inventory amounted to OMR 279,650, and amounts that relate to the current month totaled OMR800,000. If conversion is incurred uniformly throughout manufacturing, Sur's equivalent-unit cost is:

Select one:

a. 16.61

b. 14.16

c. 16.00

d. 15.16

2-

Quattro began operations in April of this year. It makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60% are collected in the first month after sale; and 10% are collected in the second month after sale. If sales for April, May, and June were $60,000, $80,000, and $70,000, respectively, what were the firm's budgeted collections for June?

Select one:

a. OMR 75,000

b. OMR 81,000

c. OMR 90,000

d. OMR 65,000