Question 1(a) 20 marks Livestock and produce A cattle has adopted the following standard values for the various classes of cattle on his farm: R Bulls 60 Oxen 35 Cows 35 Tollies and heifers (over one year and under two years) 12 Calves (under one year) 4 The number of livestock on hand on the last day of February Year 1 was as follows: Year 1 Bulls 7 Oxen 8 Cows 350 Tollies and heifers 380 Calves (under one year) 180 Calculate the value of livestock on hand at the end of Year 1. (5) (6)