From the following data. compute the value of 100 units of closing stock under both the FIFO
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From the following data. compute the value of 100 units of closing stock under both the FIFO and LIFO methods:
1 June Received 200 kilos at £15.00 per kilo 2 June Issued 150 kilos 6 June Received 200 kilos at £16.00 per kilo 9 June Issued 150 kilos
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