2 (20 MARKS) 2.1 REQUIRED Use the information provided below to determine the following: 2.1.1 EOQ fi discounts are not available 2.1.2 The quantity that should be ordered considering the discounts that are available The following information was provided by South Coast Outfitters fora product thatit sells: (2 marks) (10 marks) Annual demand Unit cost Fixed costs per order Annual carrying cost per unit 128 000 units R100 R25 10% of unit cost The supplier offered a discount scheme as follows: Discount 0% 4% 5% 6% Order size 0- 1999 2000- 3999 4 000 - 9 999 10 000+ 3 2.2 REQUIRED Study the information provided below and then calculate the value of closing inventory as at 30 April 2023 and gross profit for the month ended 30 April 2023 by using the following methods of inventory valuation: 2.2.1 Last-in-first-out (LIFO) (4 marks) 2.2.2 Weighted average cost (with the average cost per unit expressed to the nearest cent) (4 marks) Note: An extract of the Statement of Comprehensive Income must be used to reflect the above. INFORMATION The folowing are the transactions of BN Traders for April 2023 for the only product that itsels: April 01 14 15 21 30 Transactions Opening inventory Purchases Carriage on purchases Returned to supplier (see 14th) Purchases Carriage on purchases Sales for April 2023 Units of inve nt ory Unit price Note: The unit price for the opening inventory includes the carriage on purchases. Arefund was received on the carriage for thegoods returnedon 15 April 2023