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Determine the value of inventory on 28 February 20.6 using the first-in-first-out method (FIFO) from the following information: February Units of inventory Cost price 01

Determine the value of inventory on 28 February 20.6 using the first-in-first-out method (FIFO) from the following information: February Units of inventory Cost price 01 15 25 28 Opening inventory Purchases Purchases Sales for February 7 000 19 000 6 000 24 000 R20 R22 R23

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