SY Furniture is a manufacturer of garden furniture. The company has contented weighted average cost in valuing inventory, but it is interested to know the tecton its inventory valuation of using First In First Out method (FIFO) At 31 March 2020 the company had inventory of 4.000 standard plastic tables, and has computed its value on each side of the two bases as Basis FIFO Weighted average Unit Cost (RM) Total Value (RM) 64 000 52.000 During April 2020 the movements on the inventory of tables were as follows: Date Number of unit Production per unit Cost Production: 8 April 22 April 3.800 6.000 Revenue: 12 April 18 April 24 April 28 April 5.000 2.000 3.000 2,000 Required:- Using FIFO, compute cost of closing inventory, sales and gross profit/loss as at 30 April 2020. 19 marks (b) Using Weightage Average Cost method, compute cost of closing inventory sales and gross profit/loss as at 30 April 2020 [B marks