Q.1. Mansoor Industries Limited uses a process cost system of three processes, the following data relates to its process-01. 

Beginning Inventory ……………………………… Rs. 1,60,000 

Raw Material Uses ……………………………….. Rs. 2,50,000 

Direct Labour Cost Used ………………………… Rs. 3,68,000 

Factory Overhead Cost Applied ………………… Rs. 2,76,000 

The data extracted from a quantity schedule relating to the above processes are as follows: 

Units in Process Beginning ……………………………… 1,30,000 (100% completed as to Material 70% as conversion cost). 

Units placed in production ………………………………. 4,75,000 

Units Completed ………………………………………….. 4,00,000 Units still in process at the end at the end 90% complete as to Material and 50% complete as to conversion cost. Required: Compute the Equivalent Production units, the unit cost, the total cost of unit completed and the total cost of units in process at end.