ONE Don Z Ltd had the following transactions in one of its raw materials during April 2019. Units Market 09877 Purchase Price Price Opening 40 units @K10 each @K11 each April 4 Bought 140 units @K11 each @K11 each 10 Used 90 units @K12 each 22222 12 Bought 60 units @K12 each @K12 each 50 13 Used X 100 units @K13 each 16 21 Bought Used 23 Used 200 units @K10 each @K10 each 70 units @K12 each 80 units @K12 each 26 Bought 29 Used X Page 1 of 3 50 units @K12 each @K12 each 60 units @K14 each 5300 CS CamScanner Required Write up stores ledger account using the following methods of stock valuation below, and you should clearly indicate: (i) the total purchase costs, cost of sales, value of closing stock and (ii) where there are differences between purchase cost and the aggregate of cost of production and value of the closing stock. A. Simple Average B. Replacement costs (12 Marks) (13 Marks) QUESTION ONE Dor Z Ltd had the following transactions in one of its raw materials during April 2019. Units Market 09877 Purchase Price Opening Price 40 units @K10 each April 4 Bought @K11 each 140 units @K11 each @K11 each 10 Used 90 units @K12 each 12 Bought 60 units So @K12 each @K12 each 13 Used 100 units @K13 each 16 Bought 200 units @K10 each. @K10 each 2222 21 Used 70 units @K12 each 23 Used 80 units @K12 each 26 Bought 29 Used X Page 1 of 3 50 units @K12 each @K12 each 60 units @K14 each 5300 CS CamScanner Required Write up stores ledger account using the following methods of stock valuation below, and you should clearly indicate: (i) the total purchase costs, cost of sales, value of closing stock and (ii) where there are differences between purchase cost and the aggregate of cost of production and value of the closing stock. A. Simple Average B. Replacement costs (12 Marks) (13 Marks)