QUESTION $5$ CLOSING INVENTORY and PERIODIC SYSTEM

$5\mathrm{.}1$ CLOSING INVENTORY :

Calculate the Value of the closing inventory on $30$ June $2024$ using the

$5\mathrm{.}1\mathrm{.}1$ Weighted Average Cost Method

$5\mathrm{.}1\mathrm{.}2$ First$-$in First$-$out Method

INFORMATION:

$5\mathrm{.}2$ PERIODIC SYSTEM Cost of Sales and Gross Profit

Use the following information to calculate the cost of sales and the gross profit in a

statement format for the year ending $29$ February $2024.$

INFORMATION :