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. The following transactions of Fendi Ltd took place during January 2023 in respect of component X used in production: Required: Calculate the value of

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The following transactions of Fendi Ltd took place during January 2023 in respect of component X used in production: Required: Calculate the value of closing inventory on 31 January 2023 using the: 3.1.1 First-in-first-out (FIFO) method (10 marks) 3.1.2 Weighted Average Cost Method (10 marks)

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