Question: 1.5 From the information provided below complete the table using the FIFO method of inventory valuation: (4 man Purchased Issues and returns Balance Date

1.5 From the information provided below complete the table using the FIFO

1.5 From the information provided below complete the table using the FIFO method of inventory valuation: (4 man Purchased Issues and returns Balance Date Quantity Price Amount Quantity Price Amount Quantity Price Amount The following transactions of Franco Manufacturers took place during March 2022: Date Transaction 01 Opening inventory Units 1 600 Price per unit R3.50 05 Purchased from a supplier 600 R4.00 12 Purchased from a supplier 1 300 R4.50 24 Purchased from a supplier 1 600 R5.00 16 Issued to production 1 800 28 Issued to production 1 300

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