Day Details Kilograms Price per kg 1 Opening inventory 200 R25 4 Purchases 600 R28 5 Purchases 400 R24 8 Issues to the hen pens (1 000) ? MAC2601/103 13 QUESTION 15 Tsakane’s total closing inventory...

Day Details Kilograms Price per kg
1 Opening inventory 200 R25
4 Purchases 600 R28
5 Purchases 400 R24
8 Issues to the hen pens (1 000) ?
MAC2601/103
13
QUESTION 15
Tsakane’s total closing inventory Rand-value for chicken feed as at 8 November 2020 (round to
two decimal places throughout your workings) would be if the first-in-first-out (FIFO) method of
inventory valuation is applied.
(1) R5 230
(2) R4 800
(3) R5 134
(4) R5 000