From the following particulars for the month of March, 2009, find out the cost of inventory on 31st March, 2009 under perpetual inventory system using FIFO method of pricing issue of, materials.

Date 2009 Particular Quantity Rate per kg kg March 1 Opening inventory 400 100 March 4 Purchase of material 2,000 140 March 8 Issue of material 1,600 —
March 15 Purchase of material 1,000 160 March 24 Issue of material 200 —
March 26 Purchase of material 300 180 March 28 Issue of material 360 —
Also show cost of different issues.
[Ans.: Cost of inventory on 31st March, 2009 is Rs. 2,47,600]