8. From the information below, calculate the value of Jock's closing inventory of foam liquid at 31 October 202 using each method of pricing the issue of materials to production. Jock had 100 litres of foam liquid at 1 October 202, purchased at CU3 per litre. During the month to 31 October 202 the following changes occurred. Value of closing inventory: FIFO basis: CU AVCO basis (calculating one weighted average cost for the whole month): CU