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TIYEYE Limited manufactures cellule phone plastic covers and operates a continuous inventory system. The following information was available for the month of February Closing raw
TIYEYE Limited manufactures cellule phone plastic covers and operates a continuous inventory system. The following information was available for the month of February Closing raw R material @ R1.5 a unit 4500 Material 5 February receipts @ R2 a unit R 2500 Material 10 February issue 3000 units Material 17 February issue 500 units Material 27 February returns to the stockroom units 50 1. Which of the three investment measurement Methods are used abovo? 2. What is the total number of units purchased for the of tobruary equalled ? mont 3. What is the opening balance Cunits) in February? ? 4. What is the total number of or units at the closing OF 11 Fobruary? s. Assume The FIFO method is used. The closing invertory (Rands) at the End of February equar to
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