Noor & Company Ltd. Cost Accountant designed a format, which would be used for monthly costing purposes. At the beginning of the month of October 2019, he inserted opening work in process inventory of $ 3,144, which consisted of 160 units with all material but only 50% labour and overheads. During the month of October 2019 the cost Accountant recorded the following cost data and other information 1. Material (a).Purchases of material Invoice cost 82,600 Freight-in 13,444 Total material cost 96,044

(b). Material used for Production 84,868 Equipment maintenance 1,940 Factory Supplies 8,636 Total 95,444

2. Payroll Direct labour 56,760 Supervisors salary 5,800 Indirect labour 6,048 Equipment maintenance salary 1,360 Total payroll 69,968

3. Other factory overheads: Rent 4,720 Power 3,592 Tools 4,000 Depreciation 8,000 Total factory overhead 20,312 Production data for the month of October 2019:

a. Units in Process: 168 units all material 3/7th labour and FOH.

b. Started 6,928 units, all material placed in production.

c. Spoiled 128 units, all material,75% labour and overheads; the Spoiled units have no salvage value. Material and labour cost spent on theses spoiled units is added to factory overheads.

d. Finished 6,792 good units. Inventories are costed by FIFO method

Required:

a. Equivalent production units. b. Unit cost for the three elements of cost c. Cost of production report