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Candid Wood, a retailer of wooden toys uses the perpetual inventory system and has recorded the following inventory movement of their Wooden toy trains

image text in transcribed Candid Wood, a retailer of wooden toys uses the perpetual inventory system and has recorded the following inventory movement of their " Wooden toy trains" in March 2022: There was no opening inventory at the beginning of March. REQUIRED Calculate the value of closing stock for the month of March 2022 using the following methods of stock valuation: (a) FIFO method (5) (b) Weighted average method

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