Find out the value of stock as on 31.3.2009 if the company follows
The following are the details of “X” Ltd
1.1.2009
Opening stock: “nil”
1.1.2009
Purchases
200 units @ Rs 15 per unit
15.1.2009
Issues
100 units
1.2.2009
Issues
400 units @ Rs 20 per unit
15.2.2009
Issues
200 units
20.2.2009
Issues
200 units
1.3.2009
Purchases
300 units @ Rs 25 per unit
15.3.2009
Issues
200 units
Required
Find out the value of stock as on 31.3.2009 if the company follows:
FIFO, LIFO and WAP Basis
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