Urgent

QUESTION 1 The inventory manager of Pontoon Ltd is considering different methods of stock valuation. The stock movement of its component, TRM, for the month ended 31st December is as follows: Issue Date Purchase Supplier's invoice price per unit ($) 3.80 Quantity 120 Quantity 90 110 4.10 03/12/2020 09/12/2020 15/12/2020 20/12/2020 24/12/2020 28/12/2020 31/12/2020 120 140 4.20 50 80 4.70 (a) Present a store ledger card for the month of December 2020 using each of the following methods: (1) First In First Out (FIFO) (10 marks) (11) Weighted Average Method (WA)