Candy Candles (Pty) Ltd Candy Candles is a retailer of candles in Johannesburg. Candy Candles uses a perpetual inventory system. The company recorded the following purchases and sales in respect of their vanilla fragranced candles in the month of March 2022:

Date	Detail	Quantity (units)	Price (price/unit)
2	Purchases	900	2,82
3	Sold	1 300
5	Purchases	1 700	2,88
12	Returned to supplier (purchased 5 March)	- 250
16	Sold	395
20	Returned to supplier (Purchased on 5 March)	- 200
23	Purchases	2 700	2,94
30	Sold	1 300

There were 800 vanilla candles at R1 780 available on 28 February 2022.

REQUIRED

Determine the value of the closing stock for Candy Candles (Pty) Ltd for the month of March using the weighted average method. Use the format below:

Complete the table below, type in the correct amounts and numbers in the white cells. Where figures are entered do not enter the rand symbol and ensure that numbers are entered as follows for example R 5 500 is entered as 5 500, round of the numbers to 2 decimal place as may be required. Answers will be marked incorrect if the instructions are not followed.

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Number	How its to be entered on the system
1900	1 900
3,7	3.70 OR 3,70
3,777	3.78 OR 3,78
-500	-500 OR (500)