Answer Happy

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 1-300 1 600 1 800 Quantity 1 300 Balance Price Price per unit R3.50 R4.00 R4.50 Amount R5.00 Ma
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 Purchased 12 24 Transaction Opening inventory Purchased from a supplier Issues and returns Purchased from a supplier Purchased from a supplier Units 1 600 600 1 300 Quantity 1 600 Balance Price Amount Price per R3.50 Comm R4.00 R4.50 (4 marks) R5.00 unit m