hi

please answer the below questions with explanation and steps

QUESTION 1 (20 Marks) 1.1 REQUIRED Study the information provided below and determine whether Neston Traders should borrow the cash to settle the account. Motivate your answer by calculating the cost of forfeiting the discount (expressed as a percentage to two decimal places). (5 marks) INFORMATION Neston Traders purchased inventory on credit for R30 000. The supplier offered Neston Traders the option to settle the account by paying R28 800 up to 10 days after the sale or pay R30 000 by the end of 60 days. Neston Traders can borrow cash from its bank at a rate of 18 percent per annum to settle the account within 10 days. 1.2 REQUIRED Use the information provided below to calculate the economic order quantity. (5 marks) INFORMATION Maxwell Wholesalers anticipates sales of 10 000 units per month, a purchase price of R40 per unit, an ordering cost of R12 per order, and a carrying cost of 20% of the unit cost price. 1.3 REQUIRED Use the information given below to calculate the value of closing inventory as at 31 March 2024 and the value of issues during March 2024 using the following methods of inventory valuation: 1.3.1 First-in-first-out (5 marks) 1.3.2 Weighted average cost. (Express the average cost per unit in Rands and cents.) (5 marks) INFORMATION The following transactions of Seatides Manufacturers took place during March 2024 in respect of a component used in production: Date Transactions 01 Opening inventory 800 units @ R20 per unit 07 Purchased from a supplier 1 400 units @ R22 per unit 15 Purchased from a supplier 2 700 units @ R24 per unit 16 Returned to the supplier (see 15" March) 200 units 28 Purchased from a supplier 300 units @ R25 per unit 31 Issued to production during March 4 000 units