Information:

November	TRANSACTIONS	NUMBER OF UNITS AND COST
01	Opening inventory	1260 units @ R11 per unit
08	Purchased from supplier	3150 units @ R12
12	Issued to production	2310 units
19	Returned to supplier	525 units (purchased on 08 November)
22	Purchased from supplier	1575 units @ R13
28	Issued to production	2625 units

Use the transactions of Stark Industries to determine 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.