Use the following information to calculate the value of inventory on hand at 31 March 20.6 using FIFO method.   Puchases Cost of sales On hand Date Units Cost per unit Amount (R) Units Cost per unit Amount (R) Units Cost per unit Amount (R)                       Inventory data for item X in March 20.6: Purchases   Date Units Cost Per Unit (R) Amount (R) 01 March 20.6 08 March 20.6 15 March 20.6 22 March20.6 29 March 20.6 100 300 200 300 100 1.00 1.10 1.20 1.30 1.40 100 330 240 390 140   1 000   1 200 Sales Date Units 16 March 20.6 31 March 20.6 300 400 Please assist me with this home work

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