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Mac2601 may/june 2013: suggested solution question 1 11 – c fifo method of valuation date receipts issues balance december quantity price amount quantity price amount quantity price (10 000 x r750) 75 000 fixed cost in closing stock ( 8 000 x r900) 72 000 difference 3 000.
Mac2601 may/june 2013: suggested solution question 1 11 – c fifo method of valuation date receipts balance december quantity price amount quantity price.
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