questions below
1.5 From the information provided below complete the table using the FIFO method of inventory valuation: Date Quantity Purchased Price Issues and returns Amount Quantity Price Amount Quantity Balance (4 marks) Price Amount
The following transactions of Franco Manufacturers took place during March 2022: Date 01 05 12 24 16 28 Transaction Opening inventory Purchased from a supplier Purchased from a supplier Purchased from a supplier Issued to production Issued to production Units 1 600 600 1 300 1 600 1 800 1 300 Price per unit R3.50 R4.00 R4.50 R5.00 ? ?
Please assist in answering the 1.5 From the information provided below complete the table using the FIFO method of inventory valuation: Date Quantity P
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am