QUESTION THREE a) The following details were extracted from the stores ledger card of a small manufacturing company during the month of November 2016 November ed FU 2 8 Received Received 500 units @ shs 20 each 300 units @ shs 22 each 10 Issued 15 Issued 20 Received 25 Issued 27 Received 30 Issued 400 units V 200 units V 600 units @ shs 25 each 300 units 200 units @ shs 26 each 100 units Standard price for each unit after the month of may is shs 25/. Market price of this material on December is shs 27/ unit and 400 units were purchased on that day Required (10*5)+(140 * 6) /150.