Example 1. Mamba Ltd. are retailers who sell ceramic tiles. During the months of July to September 2020, there were price fluctuations due to the covid 19. Due to the above problem the company had to adjust its selling prices. The following transactions took place during the period. 3 July 825,000. 10 July Opening stock was 5,000 tiles valued at Sh Orders placed with the company increased, so extra tiles had to be 31 July 4 August 30 August 1 September obtained from Mombasa. Therefore 22,000 tiles were purchased at a cost Sh 140 each but in addition, there was a freight and insurance charge of Sh 5 per tile. During the month 20,000 tiles were sold at a price of Sh 220 each. A new batch of 14,000 tiles was purchased at a cost of Sh 175 per tile. The sales for the month of August were 14,000 tiles at a selling price of Sh 230 each. A further 24,000 tiles were purchased at a cost of Sh 195 each. 30 September 270,000 tiles were sold during September at price of Sh 240 each. The cost accountant of Mamba Ltd decided he would apply first- in-first-out basis and weighted average methods of material pricing for purposes of comparison. Required: (i) A stores ledger account using the two methods and showing stock values at 30 September 2020. marks) (ii) The trading accounts using each of the above methods. (14 (6 marks)