The following details pertains to standard cost details of a product: The Direct Material cost for Material X for 10 Kg. at the rate of OMR 6 per kg; Material Y 12 liters at the rate of OMR 6per litre. The Direct Labour cost for Grade A and Grade B is observed to be 9 Hours at OMR 3 per hour and 12 Hours at OMR 2 per Hour. The Variable Production Overheads for 20 hours at the rate of OMR 2 per hour. The Fixed Production Overhead for 20 hours at OMR 6.00 per hour. The cost involved for Administrative and Marketing Overheads was OMR 65. The standard profit involved is 13% on cost. Required: 1. Calculate the standard price of sale 5 Marks 2. If fixed overheads are 25% of labour cost, calculate the bper litre. Ine Direct Labour cost for Grade A and Grade B is observed to be 9 Hours at OMR 3 per Hour and 12 Hours at OMR 2 per Hour. The hours at the rate of OMR 2 per hour. The Fixed Production Overhead for 20 hours at OMR 6.00 per hour. The cost involved for Administrative and Marketing Overheads was OMR 65. The standard profit involved is 13% on cost. Required: 1. Calculate the standard price of sale 5 Marks 2. If fixed overheads are 25% of labour cost, calculate the units. 5 Marks