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Use the following information to calculate the value of inventory on hand on April 30...

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Accounting

Use the following information to calculate the value of inventory on hand on April 30 and issue price to production during April using FIFO inventory system.
\table[[01-April,Beginning Inventory,\table[[50 units @ R15 per],[unit]]],[5,Purchase,135 units @ 20 per unit],[9,Issue to production,95 units],[11,Purchase,\table[[30 units @ R16 per],[unit]]],[16,Purchase,78 units @ R17per unit],[20,Issue to production,125 units],[30,Issue to production,65 units]]
Question 2
(10 Marks)
Use the following information to calculate the value of inventory on hand on April 30 and issue price to production during April using FIFO inventory system.
\table[[01-April,Beginning Inventory,\table[[50 units @ R15 per],[unit]]],[5,Purchase,135 units @ 20 per unit],[9,Issue to production,95 units],[11,Purchase,\table[[30 units @ R16 per],[unit]]],[16,Purchase,78 units @ R17per unit],[20,Issue to production,125 units],[30,Issue to production,65 units]]
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