Question: Use the information given below to calculate question 4.2.1 and 4.2.2 4.2 Calculate the value of closing inventory on 31 March 2022 using the: The

Use the information given below to calculate question 4.2.1 and 4.2.2

Use the information given below to calculate question 4.2.1 and 4.2.2 4.2

4.2 Calculate the value of closing inventory on 31 March 2022 using the: The following transactions of Dunk Limited took place during March 2022 in respect of component D used in production: Jan Stock of component D on hand 200 units @ R24 per unit 01 Issued to production 110 units 08 Purchased from supplier 200 units @ R25 per unit 12 Returned to supplier (purchased on 12 January 2022) 30 units 15 Issued to production 170 units 18 Purchased from supplier 140 units @ R26 per unit 25 Issued to production 130 units 27 4.2.1 First-in-first-out (FIFO) method 4.2.2 Weighted Average Cost Method

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