11-Standard costing is the preparation of standard costs and their comparison with _______ and the analysis of ________.

a. Variances, Actual costs

b. Variances, Marginal costs

c. Marginal costs, Variances

d. Actual costs, Variances

27-In process C on 1st April, there was no work-in-progress. During the month of April, 1,000 units of material were issued at a cost of RO 10,000. Labor and overheads totaled RO 4,375 and RO 2,400 respectively. On 31st April, 750 units were completed and transferred to the next process. On the remaining 250 units, which are incomplete, degree of completion was as follows: Materials 100%, Labor 50%, and Overhead 20%. Identify from the following the total cost of closing work in process that should be shown in the process account.

a. 13,500

b. 3,275

c. 3,257

d. 2,250