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en 10 JM Ltd had the following material transactions during November red dout of Number of units Cost per unit g question Opening balance 1

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en 10 JM Ltd had the following material transactions during November red dout of Number of units Cost per unit g question Opening balance 1 November 4.00 20 Receipt 8 November 4.40 140 Issues 12 November 80 Receipt 18 November 4.60 100 Issues 26 November 140 Calculate the value of closing inventory on hand at 26 November using Weighted Average Cost (WACO) cost method to the nearest dollar, 7

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