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REQUIRED Calculate the following from the information provided below: 2.2.1 Value of the closing inventory and issues to production using the first-in-first-out (FIFO) method. (6

image text in transcribed REQUIRED Calculate the following from the information provided below: 2.2.1 Value of the closing inventory and issues to production using the first-in-first-out (FIFO) method. (6 marks) 2.2.2 Value of the closing inventory using the weighted average cost method. (Express the average cost per unit to the nearest cent.) (4 marks) INFORMATION The following transactions of Global Manufacturers took place during March 2023 in respect of a component used in production

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