Question

3. From the following data, calculate the value of closing inventory on March 31, by using FIFO meth
and LIFO method :
100 kg. @ 10 per kg.
Mar. 1 Opening stock
500 kg. @ 11 per kg.
6 Purchased
300 kg
300 kg
15 Issued
400 kg. @ 12 per kg.
21 Purchased
500 kg
31 Issued​

Answer 1

Answer:

1. sorry I cannot answered your question