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hi please can i have help with 1.1 and 1.2 Study below and draw up the Prcxiuction for Jamy February (6 Hts) INFORMATION The number
hi please can i have help with 1.1 and 1.2
Study below and draw up the Prcxiuction for Jamy February (6 "Hts) INFORMATION The number of Of Praluct X expected b be ld by Mncturers dosttq inventory (in units) br be period 01 December 2023 to 28 February 2024 is relow. Dewnber 2023 January 2024 Februan' 2024 1.2 REQUIRED Calculate the following from the hfomatim provided below: 24 16 TO 14 ooo 1.21 Value of closing inventory using first-in-first-out (FIFO) rnetni 1.22 Value of isss to production using the first-in-first-out (FIFO) 1.23 Value of doshg inventory using the weighted aver* cost INFORMATION Closing inventory 54m (3 rrks) (2 rnarks) (4 marks) The following transactions of Gem Manufacturers took place during August 2022 respect of a used in production: Aug 01 11 17 18 31 Opening inventory Purchased from a supplier Purchased from a supplier Returned to the supplier (see 17 Auwst) Issues to production during August 1 000 units at R20 unit 3 at R21 per 1 800 tnits at R22 per unn 800 units 3800 units
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