2.5 INFORMATION THE The following details have been supplied by Nola Limited for one of its products: Sales per month Ca

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2 5 Information The The Following Details Have Been Supplied By Nola Limited For One Of Its Products Sales Per Month Ca 1 (284.22 KiB) Viewed 18 times

2.5 INFORMATION THE The following details have been supplied by Nola Limited for one of its products: Sales per month Carrying costs as a percentage of the unit purchase price Purchase price per unit Cost of placing an order INFORMATION 08 March Study the information given below and calculate the value of closing inventory as at 31 March 2022 using the weighted average cost method. 09 March 32 units at R2 100 each were purchased. 12 units purchased on 08 March were returned to the supplier. 7 500 units Printgo Suppliers had an inventory of 10 printers at R2 000 each on 01 March 2022. The following transactions took place during March 2022 in respect of the printers that it sells. 20 units at R2 200 each were purchased on 20 March 2022. 20% Printgo Suppliers sold 40 printers at R4 000 each during March 2022. R100 R10 (4 marks)