Date Quantity Price Amount Quantity Price Amount Date 01 The following transactions of Franco Manufacturers took place during March 2022: 05 12 24 Purchased 16 28 Transaction Opening inventory Purchased from a supplier Purchased from a supplier Purchased from a supplier Issues and returns Issued to production Issued to production Units 1 600 600 1300 1 600 1800 1 300 Balance Quantity Price Amount Price per R3.50 R4.00 R4.50 R5.00 ? ? unit

Date Quantity Price Amount Quantity Price Amount Date 01 The following transactions of Franco Manufacturers took place during March 2022: 05 12 24 Purchased 16 28 Transaction Opening inventory Purchased from a supplier Purchased from a supplier Purchased from a supplier Issues and returns Issued to production Issued to production Units 1 600 600 1300 1 600 1800 1 300 Balance Quantity Price Amount Price per R3.50 R4.00 R4.50 R5.00 ? ? unit

Name: From the information provided below complete the table using the FIFO
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Description: From the information provided below complete the table using the FIFO method of inventoryvaluation:as per attached picture. Date Quantity Price Amount Quantity Price AmountDate01The following transactions of Franco Manufacturers took place during Mar

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 1.7C

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From the information provided below complete the table using the FIFO method of inventoryvaluation:Purchased Issues and returns BalanceDate Quantity Price Amount Quantity Price Amount Quantity Price Amount The following transactions of Franco Manufacturers took place during March 2022:Date Transaction Units Price per unit01 Opening inventory 1 600 R3.5005 Purchased from a supplier 600 R4.0012 Purchased from a supplier 1 300 R4.5024 Purchased from a supplier 1 600 R5.0016 Issued to production 1 800 ?28 Issued to production 1 300 ?
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