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8 Brig.G is a small manufacturing enterprise. This SMME produces one type of goods which is sold throughout Limpopo. The inventory has been valued using

8 Brig.G is a small manufacturing enterprise. This SMME produces one type of goods which is sold throughout Limpopo. The inventory has been valued using the weighted average method and the following transactions occurred during the month of March 20X8:
\table[[1,Balance on hand: 1800 units at R9 per unit],[4,\table[[Material purchased: 2500 units from supplier at R5 per unit],[(transportation costs amount to R2000)]]],[12,Issued 3300 units to production],[19,\table[[Excess material of 300 units that was issued on 12 March was returned],[to the storeroom.]]],[23,\table[[Material purchased on 4 March was returned to the supplier:],[500 units at R5 per unit]]],[25,Material purchased: 2000 units valued at R12000
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