Question 6 Time left 0:58:41 Not yet answered Marked out of 1.00 P Flag question Simpson Inc. purchased inventory as follows: Jan. 5 500 units at R10.00 Jan. 15 1,000 units at R15.00 Jan. 25 200 units at R20.00 What is the average unit cost of inventory? A. R15.83 B. R13.00 C. R14.12 O D. R15.00 Time left 0:58:36 Question 7 Not yet answered Marked out of 1.00 Flag question If beginning capital was R25,000, ending capital is R37,000, and the owner's withdrawals were R23,000, the amount of net income or net loss for the period was: O A. net income of R35,000 O B. net loss of R14,000 O C. net loss of R35,000 O D. net income of R14,000