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2.2 REQUIRED Use the information provided below to prepare the extract of the statement of comprehensive income for the year ended 28 February 2023 that
2.2 REQUIRED Use the information provided below to prepare the extract of the statement of comprehensive income for the year ended 28 February 2023 that includes, amongst other items, the values of opening inventory, closing inventory and gross prof using the following methods of inventory valuation: 2.2.1 First-in-first-out (4 marks) 2.2.2 Weighted average cost. (Express the average cost per unit in Rands and cents.) (4 marks) INFORMATION The following delails were obtained from the accounling records of Donna Slores for the year ended 28 February 2023: In addition to the unit prices reflecled above, the business also pays R10 per unit for carriage on purchases. During a storm 4200 items were destroyed. These were all from the Febnary 2023 purchases
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