Question: SECTION A [60 MARKS] Answer ALL the questions in this section. QUESTION 1 (20 Marks) Answer the questions from the information provided. REQUIRED 1.1 Complete
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SECTION A [60 MARKS] Answer ALL the questions in this section. QUESTION 1 (20 Marks) Answer the questions from the information provided. REQUIRED 1.1 Complete the table below in respect of a component used for a project during May 2021, using each of the following methods of invertory valuation: 1.1.1 First-in-first-out (FIFO) (6 marks) 1.1.2 Weighted average cost (Express the average cost per unit to the nearest cent.) ( 6 marks) INFORMATION SECTION A [60 MARKS] Answer ALL the questions in this section. QUESTION 1 (20 Marks) Answer the questions from the information provided. REQUIRED 1.1 Complete the table below in respect of a component used for a project during May 2021, using each of the following methods of invertory valuation: 1.1.1 First-in-first-out (FIFO) (6 marks) 1.1.2 Weighted average cost (Express the average cost per unit to the nearest cent.) ( 6 marks) INFORMATION
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