Ican 2025 Management Information Question 9
Practice mixed question 9 from the 2025 Ican Management Information examination. This question covers General .
The following are extracts from the books of AV Ltd for the month of January \( \begin{array}{llr} & \text{Receipts} & \text{Issues} \\ 03/01 & 2000\text{ units @}\text{₦}14.00\text{ per unit} & 1,500\text{ units} \\ 08/01 & 3,000\text{ units @ }\text{₦}13,50\text{ per unit} & \\ 12/01 & & 2,500\text{ units} \\ 20/01 & 2,500\text{ units @ }\text{₦}14.20\text{ per unit} & \\ 22/01 & & 2,000\text{ units} \\ 28/01 & 3,500\text{ @ }\text{₦}14 & \\ 31/01 & & 2,800\text{ units} \end{array} \) AV Ltd uses first in first out ((F.I.F.O) inventory method. Calculate the value of the 2000 units issued on 22/01
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This is Ican 2025 Management Information Question 9. It is one of the mixed questions from the 2025 Ican Management Information examination.
The question covers General .
Difficulty level: 3 .
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