QUESTION $1(20$ Marks$)1\mathrm{.}1$ REQUIRED Calculate the number of orders required per year, based on the economic order quantity. $(4$ marks$)$ INFORMATION Havana Limited produces a product which has a constant monthly demand of $7500$ units. The product requires a component that is purchased from a supplier at R$100$ per unit. The order cost is R$20$ per order. The holding cost is $10\%$ of the unit purchase price. $1\mathrm{.}2$ REQUIRED Use the first$-$in$-$first$-$out $($FIFO$)$ method to complete the table provided below for the stated transactions. $(4$ marks$)$ Purchases Issues and returns Balance Date Quantity Price Amount Quantity Price Amount Quantity Price Amount INFORMATION The following transactions of Tempa Manufacturers took place during May $2025$ in respect of a component used in production: Date Transactions $01$ Opening inventory $300$ units at R$10$ per unit $06$ Issued to production $200$ units $12$ Purchased from a supplier $1200$ units at R$12$ per unit $13$ Returned to the supplier $($see $12$th$)100$ units $18$ Purchased from a supplier $200$ units at R$13$ per unit $25$ Issued to production $1000$ units