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i dont need the answer for 1 A . following Banks for the six months ended October 31 20012.. Date January April Bought quantity in
i dont need the answer for 1 A .
following Banks for the six months ended October 31 20012.. Date January April Bought quantity in units 48 13 2 60 Cost per unit (S) 10 12 October 13 Date Quantity in units sold June 60 November Price (S) 16 A. Required From the information given above calculate the closing stock in trade that would be shown using the FIFO, LIFO, and Average Cost Methods. (18 marks) Year 2019 2020 Ending inventory|54,000 overstated S 8.000 under stated Rent expenses $2.400 understatedS1.300 overstated By what amounts should profits be under or over-stated in 2019 and 2020. (7 marks) (Total 25 marks) Question 21 The cost of raw materials for the business amounts to S10 per unit, while the carrying cost is 10% per annum. The business minimum usage is 100 units, and its maximum usage is 200 units per day. If it should order items from its suppliers, it would take between 25 to 35 days to reach. The cost of ordering material is $400 per order. The company's annual demand is 24 000 Required: Calculate: i) The reorder level ii) The reorder quantity iii) The maximum lead time iv) The minimum level marks) (15 marks) (2 marks) (5 marks) (5 marks) (3 Step by Step Solution
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