Use the following information to calculate the value of inventory on hand on April $30$ and issue price to

production during April using FIFO inventory system.what are the elements of a valid south african contract?  

01-April 5 Beginning Inventory Purchase Issue to production 9 11 Purchase 16 Purchase 20 30 Issue to production Issue to production 50 units @ R15 per unit 135 units @ 20 per unit 95 units 30 units @ R16 per unit 78 units @R17per unit 125 units 65 units