From the following information, calculate the Cost of Goods Sold and the Ending Inventory using…

From the following information, calculate the Cost of Goods Sold and the Ending Inventory using periodic system, FIFO, LIFO and WAP methods.

2009

Mar 1

Opening Stock 150 units at cost of Rs 300

Mar 4

Purchased 600 units @ Rs 3.00

Mar 10

Sold 675 units @ Rs 4.00

Mar 17

Purchased 750 units @ Rs 4.12

Mar 27

Sold 450 units @ Rs 5.00

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