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The following transactions were extracted from the records of Yomunde Limited. The accounting policy adopted by the organisation to value inventory is Weighted average method.

Date    Details   
Cost per unit (N$)

Total value (N$)    Units
1 June    Opening balance    5.00    500     
3 June    Receipts    4.80    1 440     
5 June    Issues              220
12 June    Receipts    5.20    884     
24 June    Issues              300
 Note: cost per unit should be rounded up to two decimals.

Required:

Calculate the total value of units issued on 5 June.
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