1. A company purchased raw material during the month of March, 2020 as below. Mar 2 1600 units @ Re. 60 per unit Mar 8 2400 units Re. 55 per unit Mar 11 5000 unite Re 57 per unit Mar 19 6000 units Re.54 per unit Mar 23 3000 unite @ Re 58 per unit Mar 30 2000 units @ Re 63 per unit While preparing the final accounts on 31" March, 2020, the company had 2,600 umitz of raw material in its go-down You are required to calculate the value of closing inventory of raw materials according to (2) FIFO () LIFO (@) WAM