QUESTION $2$

$15$ MARKS

UNAM Veterinary School sells pet food, the store uses periodic inventory system. The business began its operation in the year that ended $31$ December $2022$ and the UNAM Veterinary School had storage had the following records:

$\backslash$table$[[\{$

$\backslash$table$[[$DATE$],[$January $01]]\},$BOUGHT,DATE,SOLD$],[100$ units@ N$$50\mathrm{.}00,$February $20,40$ units N$$65\mathrm{.}00],[$March $10,120$ units@N$$60\mathrm{.}00,$October $10,60$ units N$$75\mathrm{.}00],[,$November $12,20$ units N$$78\mathrm{.}00],[,$Answer the following questions using the Average Cost Method:$],[2\mathrm{.}1,$What is the total value of inventory at the end of the January?,$1$ marks$],[2\mathrm{.}2,$What is the total value of inventory at the end of February?,$2$ marks$],[2\mathrm{.}3,$What is the average cost per unit of inventory held at the end of March?,$4$ marks$],[2\mathrm{.}4,$Calculate the sales amount for the year.,$4$ marks$],[2\mathrm{.}5,$What is the closing inventory$-$in$-$trade at the end of November?,$4$ marks$]]$