FIFO

Date Purchase Issuses Balance

Quantity Price RM Quantity Price RM Quantity Price
NOV
2 500 20 10000 500 20
11 100 20 2000 400 20
26 206 20 4120 194 20
30 200 52 10400 194 20
200 52
30 194 20 3880
171 52 8892 29 52
DEC
12 380 60 22800 29 52
380 60
16 29 52 1508
76 60 4560 304 60
29 51 60 3060 253 60

Total Issues Closing Stock Value

QTY RM QTY
827 28020 253
Balance
RM

10000
8000
3880
3880
10400

1508

1508
22800

18240
15180

Closing Stock Value

RM
15180
 LIFO
Date Purchase Issuses Balance
Quantity Price RM Quantity Price RM Quantity Price
NOV
2 500 20 10000 500 20
11 100 20 2000 400 20
26 206 20 4120 194 20
30 200 52 10400 194 20
200 52
30 200 52 10400
165 20 3300 29 20
DEC
12 380 60 22800 29 20
380 60
16 105 60 6300 29 20
275 60
29 51 60 3060 29 20
224 60

Total Issues Closing Stock Value

QTY RM QTY
827 29180 253
Balance
RM

10000
8000
3880
3880
10400

580

580
22800
580
16500
580
13440

Closing Stock Value

RM
14020
 AVERAGE COST
Date Purchase Issuses Balance
Quantity Price RM Quantity Price RM Quantity Price
NOV
2 500 20 10000 500 20
11 100 20 2000 400 20
26 206 20 4120 194 20
30 200 52 10400

30

DEC
12

16

29
Balance
RM

10000
8000
3880