URGENT. Please kindly show working methods. This is for an exam due today. Thank you so much. Your help is very much ap
Posted: Tue Jul 05, 2022 11:26 am
URGENT.
Please kindly show working methods. This is for an exam due today. Thank you so much. Your help is very much appreciated
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 1 300 1 600 1 800 Quantity 1 300 Balance Price Amount Price per unit R3.50 R4.00 R4.50 R5.00 (4 marks) ? ?
- Urgent Please Kindly Show Working Methods This Is For An Exam Due Today Thank You So Much Your Help Is Very Much Ap 1 (93.88 KiB) Viewed 14 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 1 300 1 600 1 800 Quantity 1 300 Balance Price Amount Price per unit R3.50 R4.00 R4.50 R5.00 (4 marks) ? ?