3. A Company started on 1.1.2008 purchased raw materials during 2008 as: Jan. 2 Feb. 26 April 13 July 10 Sept. 18 Nov. 29 800 kg @ Rs. 62 per kg 1,200 kg @ Rs. 57 per kg 2.500 kg @ Rs. 59 per kg 3,000 kg @ Rs. 56 per kg 1,500 kg @ Rs. 60 per kg 1,000 kg @ Rs. 65 per kg While preparing its final accounts on 31st Dec. 2008 this company had 1,300 kg of raw materials in its godown. Calculate the value of closing stocks of raw materials according to: (i) First-in-First-out basis; (ii) Last-in-First-out basis, and (iii) Weighted Average basis. (10M)