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

method of inventory (4 marks) valuation: Purchased Issues and returns Balance Date

1.5 From the information provided below complete the table using the FIFO method of inventory (4 marks) valuation: 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 Units Price per unit 01 Opening inventory 05 55 1 600 R3.50 Purchased from a supplier 600 R4.00 19C

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