2 Answer the questions from the information provided 2.1 Use the information provided below to calculate the expected cost of sales for 2022 The following reflects the (precast of Tshwane Enterprises for the year 2022 for a product that it manda Opening inventory Production Closing inventory The FIFO method is used to value inventories. Units Price per unit R30 800 4.000 R35 1.000 2.2 2.2.1 Use the information provided below to calculate the cost of sales for May 2021 and value of closing inventory as at 31 May 2021 using each of the following methods of inventory valuation First-in-first-out (FIFO). 2.2.2 Weighted average cost (with the weighted average cost per unit expressed to the nearest cent). (5 marks) (5 marks) INFORMATION The following transactions of Aspen Traders took place during May 2021 in respect of Product Min Date Transactions 01 Opening inventory 600 units @ R10 per unit 14 Purchased from a supplier 1 300 units @ R11 per unit 15 Returned to the supplier (purchased on 14 May 2021) 300 units 24 24 Purchased from a supplier 400 units @ R13 per unit 1.500 units 31 Sales during May the cost of borrowing is 16% per annum, would it be wise for Mayfair Traders to settle its account th Ambit Wholesalers within 12 days? Motivate your