Answer Happy

2.4 2.5 Use the information given below to calculate the annual Economic Order Quantity. INFORMATION 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 09 March 7 500 units 20 March 20% Study the information given below and calculate the value of closing inventory as at 31 March 2022 using the weighted average cost method. INFORMATION Printgo Suppliers sold 40 printers at R4 000 each during March 2022. R100 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: 08 March 32 units at R2 100 each were purchased. 12 units purchased on 08 March were returned to the supplier. 20 units at R2 200 each were purchased on 20 March 2022. R10