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The following information is taken from the financial statement of Al Reem Manufacturing LLC for the month of March 2021, the company follows FIFO method

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The following information is taken from the financial statement of Al Reem Manufacturing LLC for the month of March 2021, the company follows FIFO method for material issue pricing: 1st March 2021: Opening balance - 50 units @ RO 4 Receipts: 5th March: 100 units @ RO 5 12th March: 200 units @ RO 4.50 24th March: 150 units @ RO 3 Issues: 2nd March: 30 units 18th March: 150 units 30th March: 100 units Use the above information and answer 32, 33 and 34 MCQs Identify the units in closing stock for the month of March 2021 for Al Reem Manufacturing LLC. O a 450 units b. 280 units OC 320 units Od 220 units Identify the total amount of balance on 12th March 2021 for Al Reem Manufacturing LLC. O aRO 1,850 O b. RO 765 O c. RO 1,285 O d. RO 1,480 Identify the value of closing stock for the month of March 2021 for Al Reem Manufacturing LLC. O a. RO 1,850 O b. RO 1,480 c RO 765 O d. RO 1,285

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