100 500 6066 6,000 32,500 500 100 6560 32,500 6.000 600 500 65 65 32.500 32,500 100 50 50 5.000 5,000 2511 Apr. 100 60 60 6.000 6.000 B001 70 56,000 100 50 50 5,000 5,000 tom May 800 70 70 56.000 56,000 d30 500 70 70 35,000 35,000 100 50 50 5,000 5,000 1211 May 300 70 70 21.000 21.000 2001 70 70 14.000 14,000 100 50 50 5.000 5,000 1311 May 100 70 70 7,000 7,0001 5001 75 37,500 100 100 50 50 5,000 5,000 15th May 100 500 70 75 7,000 37,500 500 100 75 70 37,500 7,000 400 100 70 75 7,000 30000 100 100 50 50 5,000 5,000 1211 June 30075 22,500 200 100 75 75 15,000 7.500 100 70 7,000 300 80 24,000 100 100 50 50 5,000 5,000 15 June 200 300 75 80 15,000 24.000 300 100 80 75 24,000 7,500 100 70 7,000 Base Stock: Closing Stock of Material (FIFO) 600 units = 244,000 (LIFO) 600 units = 143,500 Illustration 12 Prepare Stores Ledger Account showing pricing of material issues on Replacement Price basis, from the following particulars: Opening Balance 400 units @ 24 each 10th March Received 100 units @ 24.10 each. 15th March Issued 300 units to job XY vide M.R. No. 1 17th March Received 200 units @ 24.30 each. 20th March Issued 250 units to job AB vide M.R. No. 2. 25th March Received 400 units @ 4.50 each. 26th March Issued 200 units to job JK vide M.R. No. 3. 27th March Received 100 units @ 4.60 each 30th March Issued 300 units to job PQ vide M.R. No. 4 Replacement price on various dates: 15th March 24.20:20th March 24.40; 26th March 24.60 and 30th March 24.80