Task 2. A product passes through three processes- A, B and C. 10,000 units at a cost of OMR 1.10 were issued to Process A. The other direct expenses were as follows: PROCESS-A PROCESS-B PROCESS-C...

Extracted text: Task 2. A product passes through three processes- A, B and C. 10,000 units at a cost of OMR 1.10 were issued to Process A. The other direct expenses were as follows: PROCESS-A PROCESS-B PROCESS-C Sundry materials Direct labour 1,500 1,500 1,500 4,500 8,000 6,500 Direct expenses 1,000 1,000 1,503 The wastage of process: A was 5% and in process B 4% .The wastage of process 'A' was sold at OMR 0.25 unit and that of 'B' at OMR 0.50 per unit and that of C, at OMR 1.00. The overhead per charges were 160% of direct labour. The final product was sold at OMR 10 per unit fetching a profit of 20% on costs. Find out the percentage of wastage in Process 'C'