Revision Question ACC1113 Question 1 Mungo Dasheri (M) Sdn. Bhd. packs custom-made mingo extract for local hypermarkets in Malaysia. There was an opening inventory (8,900 kgs at RM3 each) brought forward from July 2019. During August 2019, the company's operations had the following transactions Issued out to production Purchases 12.400 kgs @RM33 each 10.500 kg Date August 1 August August 7 August 11 August 16 August 2 13,200 kgs RM3.5 each 15.500 kgs @ RM38 each 14,080 kos 14,430 kes Required: Lling the following methods calculate the value of closing inventory as at 31 August 2019, (Round your answers to decimal points) mint out method /LIFO) ( Movie hd (MAN) narks) (6 mars thi Descut TWO (2) disadvantages of LF method (4 marks