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file:///C/Users/ody/Downloads/Generic%20Management%20Accounting%20Final.pdf QUESTION 5 (20 Marks) 5.1 Ford expects to sell approximately 2000 cars per month during 2020. The estimated cost of placing an order for

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file:///C/Users/ody/Downloads/Generic%20Management%20Accounting%20Final.pdf QUESTION 5 (20 Marks) 5.1 Ford expects to sell approximately 2000 cars per month during 2020. The estimated cost of placing an order for the car is R22 The inventory holding cost of one Bugatti car is R5 Required Calculate the annual economic order quantity using the necessary formula? (5 marks) 52 Use the following transactions for Tata Limited to complete the table below which will indicate the value of the closing stock using the First-in-first out method This stock consists of a component used in production of the final product (15 marks) December 01 8 12 19 Transactions Number of units and cost Opening inventory 120 units @ R per unit Purchased from supplier 300 units @ R10 issued to production 220 units Returned to supplier 50 units purchased on December Purchased from un 160 units GR12 Issued to production 250 nits 28 END OF PAPER

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