ounting Main x + ng%20Main%20OSA.pdf + Q B ED Page view A Read aloud Add text V Draw (4 marks) 1.5 From the information provided below complete the table using the FIFO method of inventory valuation: Purchased Issues and returns Balance Date Quantity Price Amount Quantity: Price Amount Quantity Price Amount The following transactions of Franco Manufacturers took place during March 2022. Date Transaction 01 Opening inventory Units 1600 Price per unit R3.50 05 Purchased from a supplier 600 R4.00 22 12 Purchased from a supplier 1300 R4.50 24 Purchased from a supplier 1600 R5.00 16 Issued to production 1800 2 28 28 Issued to production 1300 ? Question 2 Answer the questions from the information provided. 2.1 Use the information given below to prepare the Income Statement for March 2022 according to the absorption costing method. (12 marks)