The following stock movements were made: Required: Value the closing inventory using FIFO

e o owing stoc movements were made: Required: Value the closing inventory using FIFO Transaction Date Opening Balance 1/7/2022 Cost per Receipts units 100 400 300 unit $2.00 $2.10 $2.12 Transaction Date 7/7/2022 30/7/2022 Issues Units 400