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From the following information calculate the value of closing stock following First-in- First Out(FIFO) method and weighted Average Cost (WAC) method. Date Particulars Units Per

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From the following information calculate the value of closing stock following First-in- First Out(FIFO) method and weighted Average Cost (WAC) method. Date Particulars Units Per Unit Cost Total Cost 1500 N 3000 3 3.5 25001 1000 2200 3300 7500 3500 8800 14850 4 4.51 Opening Jan-01 Inventory Mar-27Purchase Jun-12Purchase Sep-19Purchase Nov-19 Purchase Total units available Sold during the year Closing stock 10500 37650 7200 13300

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