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Alsalam manufacturing LLC adopts process costing system. The following is an extract of the production data for the month of January 2020. Material cost -
Alsalam manufacturing LLC adopts process costing system. The following is an extract of the production data for the month of January 2020. Material cost - OMR 72,000 an Labour -OMR 42,000 Overheads OMR 20,000 Closing work in progress 3500 Units( Material 100%and labour and overheads 70% complete) Output 11,500 Units - Identify material cost per equivalent units of material
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