ILLUSTRATION 5.3 The stock of material A as on 1st June, 2018 is 500 units at $ 1 per unit. Following purchases and issues of this item were made subsequently : Receipts Quantity Rate per unit Issue Quantity (Units) $ (Units) June 6 200 June 10 400 1.10 June 15 300 1.20 June 20 500 June 21 200 June 24 500 1.30 June 25 300 June 28 200 Prepare a Store Ledger Account showing how the value of the above issues should be arrived under the Base Stock Method when it operates in conjunction with LIFO. Base stock is 200 units