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The following transactions of Berain Manufacturers, that uses the perpetual inventory system, took place during February 2024 in respect of a part used in production:

The following transactions of Berain Manufacturers, that uses the perpetual inventory system, took place during February 2024 in respect of a part used in production: Using the first-in-first-out (FIFO) method, calculate the value of closing inventory as at 28 February 2024

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