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Assignment 2 (Valuation of P Assignment 2 (Valuation of Assignment 2 (Valuatior X + V - o o file:///C:/Users/babsi/Downloads/Assignment%202%20(Valuation%20of%20inventory)%20amended.pdf E 1 of 10 Fit to
Assignment 2 (Valuation of P Assignment 2 (Valuation of Assignment 2 (Valuatior X + V - o o file:///C:/Users/babsi/Downloads/Assignment%202%20(Valuation%20of%20inventory)%20amended.pdf E 1 of 10 Fit to page IL Page view A) Read aloud Add notes OP H ov Assignment 2 Amended (Valuation of inventory) Consideration is being given to the method (first in first out, last in first out, weighted average cost) to be used for the pricing of issues from a beverage stores ledger. The account for a certain beverage, for the month of March, 2020 has been used for this. A comparison of the results achieved by the three different inventory valuation methods has been commended. The results are as below: Date Purchases Issues First Second method method Third method Quantity Quantity Units Units Value GHS Value GHS Value GHS Value GHS 600 1,400 200 400 500 1,665 1.650 1,700 01/3/20 04/3/20 08/3/20 12/3/20 15/3/20 22/3/20 31/3/20 200 800 200 756 750 800 300 1,350 250 1,080 1,075 1,125 Required Identify and state the first second and third methods of pricing used
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