4.5. D.T.R. MEDICAL ENGINEERING CO.,. Uses expensive chemicals with code DTC 125.

A. Record the movement of this chemical for November using:

i/Weighted Average costing ii / First-in, First-out Costing 1 - Nov : Balance on hand 500g at $3 per gram : 1500$ 3 : Issued 300g 10 : Purchase 800g at 3.2$ per gram : 2560$ 12 : Return 200g to Supplier from 10 Nov purchase 20 : Issued 500g to Production 22 : 100g Return to store as excess 24 : Purchase 300g at 3$ per gram : 900$ 28 : Issued 20g to production