Question No.2. Production and cost data for the month of February for Process A of the Sohar Manufacturing Company were as follows: Production record: Units in process, February 1 (100% complete with respect to materials; 25% complete with respect to conversion cost) New units started in process Units completed Units in process, February 28 (100% complete with respect to materials; 1/3 complete with respect to labour and overhead) Units 1,000 4,000 3,500 1,500 OMR Cost record: Work in process inventory, February 1: Materials Labour and overhead 600 100 700 Costs for February: Materials issued Labour and overhead 2,560 1,500 The company uses the FIFO cost method in its process costing system. Required: 1. Statement of equivalent production. 2. Statement of cost per equivalent unit. 3. Process A account