Assessment $3$ Booklet

Question $1$: Inventories

$[24$ marks$]$

Delta Ltd sells many products. Alpha is one of its popular items. Below is an analysis of the inventory purchases and sales of alpha for the month of March. Delta Ltd uses the periodic inventory system.

$\backslash$table$[[$Date$,$Particulars,Purchase,Sales$],[$Units$,$Units Cost,Units,Units Cost$],[\backslash$table$[[$March$],[1]],$Beginning inventory,$100,$$$60,,],[3,$Purchase,$60,$$$75,,],[4,$Sales,,,$70,$$$120$