ii. On the 31 March 2022 Fosh Ltd had 24000 units of product X in inventory, inclu at cost of ( $ 12.00 ) per unit. During April 2022 units of X were being sold at a price ( $ 10.80 ) per unit, with sales personnel receiving ( 15 % ) commission on the sale of the product. Required: Determine the amount of inventory of product ( mathrm{X} ) that should be recognised in the financial statements of Fosh Ltd as at 31 March 2022. ( (3 mathrm{ma} ) iii. The following information applies to Plastic Ltd for the year ended 31 December 2022 Required: Determine the firm's inventory cost for the year ended December 31,2022 ( (5 mathrm{ma} )

ii. On the 31 March 2022 Fosh Ltd had 24000 units of product X in inventory, inclu at cost of $12.00 per unit. During April 2022 units of X were being sold at a price $10.80 per unit, with sales personnel receiving 15% commission on the sale of the product. Required: Determine the amount of inventory of product X that should be recognised in the financial statements of Fosh Ltd as at 31 March 2022. (3 ma iii. The following information applies to Plastic Ltd for the year ended 31 December 2022 Required: Determine the firm's inventory cost for the year ended December 31,2022 (5mar