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1. The following are the information on materials handled by the store keeper of Oman Flour Mills Company SAOG during the month of January, 2020.

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1. The following are the information on materials handled by the store keeper of Oman Flour Mills Company SAOG during the month of January, 2020. Date Particulars Units and rate (OMR) Jan. 2 Opening balance 800 units @ OMR 4.20 3 Purchased 800 units @ OMR 4.20 4 Issued 1,200 units 6 Purchased 1,600 units @ OMR 4.80 7 Issued 1,000 units 9 Purchased 400 units @ OMR 6 11 Issued 800 unit 13 Issued 100 units 15 Purchased 500 units @ OMR 8 You are required to prepare stores ledger adopting the following methods of inventory valuation: a. Simple average method b. Last In First Out method 2. The following are the information on wage system followed by Oman Flour Mills Company SAOG. You are required to: a. Calculate wages of workers under Gantt's task bomus plan. Time rate OMR 7.5 per hour Standard output 45 units per week Piece rate above the high task OMR 8 per unit In a 40 hour week, the production of the workers was as follows: A 42 units, B 45 units, CSI units and D 56 units b. Calculate total carnings from the following data under Halsey plan. Standard time: 10 hours Time taken: 8 hours Time rate: OMR 2.50 per hour

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