Question: Please Answer, Urgent. Note- Type it. Question Four From the following details of stores receipts and issues of material PPE in a manufacturing unit, prepare

Please Answer, Urgent.

Note- Type it.

Question Four From the following details of stores receipts and issues of material PPE" in a manufacturing unit, prepare the Store Ledger using FIFO and Weighted Average Method of valuing the issues. Nov. 1 Opening inventory 2,000 units @ N5.00 each Nov. 3. Issued 1,500 units to production Nov. 4. Received 4,500 units @ N6.00 each Nov. 8. Issued 1,600 units to production Nov. 16. Received 2,400 units @ N6.50 each Nov. 20. Received 1,000 units @ N7.00 each Issued Nov. 24. Issued to production 2,100 units Nov. 27. Received 1,200 units @ N7.50 each Nov. 29. Issued to production 2,800 units. (Use rates up to two decimal places)

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