A. Inspiron LLC follows LIFO method of stock valuation, now the Company wants to shift its inventory valuation to be followed under FIFO method. Being a senior Cost Accountant the Chief Finance Officer (CFO) asks you a sample stores ledger under FIFO method. Hence following below March month stores transactions of your company show the CFO how would these reflect in ledger as per FIFO method. Units 200 Rate per unit (OMR) 2 Date 19 March 5th March 10h March 20th March 2nd March 7th March 12th March 30 March Particulars Opening stock Purchases Purchases Purchases Issues Issues Issues Issues 100 150 180 2.2 2.4 2.5 150 100 100 200 B. If you are the purchase manager of a renowned construction company in Oman, explain how many inventory control techniques you may adopt? what inventory control technique would you prefer as best? Does your technique change during the present Coronavirus situation? Justify