to search Answer ALL questions in this paper. QUESTION 1 REQUIRED Study the information given below and draw up the Production Budget for January and February 2024. 1.2 [100 MARKS] (20 Marks) INFORMATION The number of units of Product X expected to be sold by Questor Manufacturers and the desired closing inventory (in units) for the period 01 December 2023 to 28 February 2024 is given below: Month Sales December 2023 24 000 January 2024 16 000 February 2024 14 000 REQUIRED Calculate the following from the information provided below: 1.2.1 Value of closing inventory using the first-in-first-out (FIFO) method 1.2.2 Value of issues to production using the first-in-first-out (FIFO) method H: CHAR (6 marks)

Closing inventory 6 000 5 400 5 000

(3 marks) (2 marks)