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1.5 From the information provided below complete the table using the FIFO method of inventory valuation: Date Quantity P
Posted: Tue Jul 05, 2022 11:24 am
by answerhappygod
- 1 5 From The Information Provided Below Complete The Table Using The Fifo Method Of Inventory Valuation Date Quantity P 1 (56.33 KiB) Viewed 9 times
1.5 From the information provided below complete the table using the FIFO method of inventory valuation: Date Quantity Price Amount Quantity Price Amount Date 01 The following transactions of Franco Manufacturers took place during March 2022: 05 12 24 Purchased 16 28 Transaction Opening inventory Purchased from a supplier Purchased from a supplier Purchased from a supplier Issues and returns Issued to production Issued to production Units 1 600 600 1300 1 600 1800 Quantity 1 300 Balance Price Amount Price per unit R3.50 R4.00 R4.50 R5.00 (4 marks) ? ?