Question 2: Oman Pharmaceutical Products Co. LLC is a pharmaceutical company in Oman. Costing procedure for Oman Pharmaceutical Products Co. LLC company is very important. It needs to update in a regular basis. Moreover, all Pharmaceuticals firms try to keep this information secret in this competitive market. The company is trying to identify the costing procedure followed presently including cost accounting systems procedure and techniques. Company want to achieve top quality along with cost control by using its cost accounting information very strongly. Questions for Discussion: (3 +4 + 3 + 5 - 15 Marks) a. How cost accounting helps Oman Pharmaceutical Products Co. LLC in determining the selling price? (300 words) b. Which kind of decision can be taken by Oman Pharmaceutical Products Co. LLC using cost accounting method? (400 words) c. Which technique of costing can be used by Oman Pharmaceutical Products Co. LLC and justify why that technique can be used? (300 words) d. What are the benefits enjoyed by Oman Pharmaceutical Products Co. LLC, by adopting cost accounting? (500 words)