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- 5 . QUESTION 3 3 . 1 Enter the transactions below onto Duncan Take - Always' inventory card, using the weighted average cost method:

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-5.
QUESTION 3
3.1 Enter the transactions below onto Duncan Take-Always' inventory card, using the weighted average cost method:
Round off the amount to TWO decimals.
\table[[Date,Details],[1,Inventory on hand: 40 items (8 items],[March 2020,2 February and],[,32 item @ R680 purchased 30 Febru],[5,Sold 16 items R780 each],[12,Purchased 35 items @ R690 each],[17,Sold 10 items @ R800 each],[23,Sold 20 items @ R820 each],[28,Purchased 30 items @ R710 each],[29,Sold 29 ltems @ R850 each]]
(20)
3.2 Mr Smart sold a computer to a customer for R30000. The sale price of the computer is calculated at 100% on cost.
3.2.1 calculate the cost price of the computer and state how much gross profit he made on the computer
(3)
3.2.2 It cost Ms Human R5400 to draw a picture. She sells the picture for R7600. What is the gross profit percentage on cost?
(2)
TOTAL :
100
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