Question
1.1 Use the weighted average cost method to complete the following table for the transactions provided below.(Round off the weighted average cost per unit to
1.1 Use the weighted average cost method to complete the following table for the transactions provided below.(Round off the weighted average cost per unit to the nearest cent and all other amounts to the nearest Rand.) (7 marks)
Purchasedissued stock on hand
Date Quantity PriceValueQuantity Price ValueQuantity Price Value
INFORMATION
The following transactions regarding the purchases and issues to production of raw material J for a project of Jem Limited during April 2019 is available:
Purchased
FebUnitsTotal Invoice Amount
0112000R120 000
0918000R198 000
225000R60 000
Issued to production
FebUnits
0510 000
1315 000
278000
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
