126 stores and inventory management

Using the following information in-store ledger card provide how the movements were managed In Senana supermarket in 2018.

A)MAY 2 nd received 500 units at $20 each.

B)MAY 8th received 300 units at $22 each.

C)May 10th issued 400.

D)May 15th issued 200.

E)May 20th received 600 units at $25 each.

F)May 25th issued 300 units.

G)May 27th received 200 units at $26 each

H)May 30th issued 100 units.

Provided that the standard price for each unit for the month of May is $24 the standard price of this material on 3 June is 27 per unit and 400 units were purchased on the day calculate

A)FIFO

B)LIFO