Calculate the cost (as a percentage) to Silverline Suppliers of not accepting the discount. (5 marks) INFORMATION Voltex Wholesalers offers Silverline Suppliers credit terms of 30 days but allows a discount of 3% if the account is settled in full within 10 days. 2.2 REQUIRED Calculate the value of closing inventory as at 30 April 2018 and value of the components issued to production during April 2018 using the: 2.2.1 First-In-First-Out (FIFO) method (5 marks) 2.2.2 Weighted Average Cost Method (with the weighted average cost per unit rounded off to the nearest cent). (5 marks) INFORMATION The following transactions of Xpanda Manufacturers took place during April 2018 in respect of a component used in production: April 01 11 21 22 30 Inventory on hand Purchased from a supplier Purchased from a supplier Returned to the supplier (see 21st) Issued to production during April 1 000 units @ R20 per unit 3 600 units @ 22 per unit 1 000 units @ R25 per unit 600 units 4 200 units