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Question 4 REQUIRED Complete the following table that would reflect the value of issues to production and inventory balances using the first - in -

Question 4REQUIRED
Complete the following table that would reflect the value of issues to production and inventory balances using the first-in-first out method of inventory valuation:
\table[[,Purchases,Issues/Returns,Balance],[Date,Quantity,Price,Amount,Quantity,Price,Amount,Quantity,Price,Amount]]
INFORMATION
The transactions of Kerman Manufacturers for January 2024 are as follows:
\table[[January,Transaction,Units,Price per unit],[01,Opening inventory,4000,R3.00],[06,Purchased from a supplier,1600,R3.20],[20,Purchased from a supplier,3000,R3.30],[07,Issued to production,3200,?],[27,Issued to production,4000,?]]
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