Latex Based Products Al Husam was approached by a customer to supply an order of 1 million fitness bands (Special Order). The costs of this order have been estimated as follows. Particulars Note Omani Rials Latex (60,000 kg) Note 01 24,000,000 Chemical (10,000 kg) Note 02 15,000,000 Pigment (1,000 kg) Note 03 10,000,000 Direct labour (16,000 hours) 4,800,000 Variable overheads 2,000,000 Fixed overheads (based on labour Note 04 6,400,000 hours) Total standard cost 62,200,000 Note 01: Latex is the main raw material for all products. The current price per kg of latex is Omani Rial 410. However Al Husam Co has an inventory of 40,000 kg of latex bought at Omani Rial 400 per kg. Note 02: This chemical is also an item that Al Husam Co regularly purchases. Al Husam Co has an available balance sufficient to complete this special order. The original cost was Omani Rial 1,500 per kg. However, the current market price is Omani Rial 1,450 per kg. Al Husam can resell this available inventory at a price of Omani Rial 1,350 per kg. Note 03: Al Husam has an old inventory of 1,250 kgs of this pigment purchased at Omani Rial 10,000 per kg. This inventory does not have a resale value at present since the manufacturer has discontinued this pigment range. If Al Husam is to purchase the new range of pigment, the purchase price per kg is only Omani Rial 7,000. Note 04: Fixed overheads are absorbed based on labour time. However, 40% of the fixed overheads will be incurred if the special order is accepted. Al Husam presently operates at 100% capacity. If the special order is accepted, the manufacturing and sale of 50,000 units of another product will not take place. The contribution of this product is Omani Rial 500 per unit. Since A Husam can utilise the old stock of pigment, the management is keen to accept this special order. You being the Management Consultant of Al Husam Co have been asked by the Management to write a detailed report advising the management on based on the relevant costs, the minimum price per unit that can be financially recommended to be offered for the special order