1. The following are the information on materials handled by the store keeper of Al Anwar Ceramic Company SAOG during the months of January to March, 2020. Particulars Units and rate (OMR) Date Jan. 1 Opening balance 700 units a OMR 10 200 units @ OMR 11 500 units a OMR 12 400 units @ OMR 13 6 Purchases 20 Purchases 27 Purchases Feb. 13 Purchases 500 units a OMR 14 20 Purchases 500 units @ OMR 15 March 17 Purchases 400 units a OMR 16 Jan. 9 Issue 500 units 22 Issue 300 units 30 Issue 400 units Feb.15 Issue 500 units 22 Issue 400 units March 11 Issue 500 units You are required to prepare stores ledger adopting the following methods of inventory valuation: a. Simple average method b. Weighted average method 2. The following are the information on wage systems followed by Al Anwar Ceramic Company SAOG. Standard time allowed 50 units per hour Time rate OMR 8 per hour 6 hours Working hours per day Ahmed: 245 units Abdullah: 365 units Units produced Differential piece rate to be applied 80% of piece rate: for below standard performance 120% of piece rate: for performance above standard Piece rate 0.200 Baiza Calculate wages of workers under: a. Taylor's differential piece rate b. Merrick's differential piece rate