Q2. The new productive undertaking purchased from time-to-time quantities of commodities used in production of one of its products, the following details are available regarding the stock of materials and its movement during the three-Month period from August, September and October.

There was no Opening stock for the month of August. Purchases done on 2 August 250 units @ 14 per unit, 8 August 175 units @16 per unit, 17 August 225 units @15 per unit, 25 August 300 units @ 13 per unit, 30 August 150 Units @ 14 per unit and Issues were made on 10 August 260 units, 20 August 190 Units, 23 August 70 units, 27 August 250 units and 29 August 65 Units.

Stock on 1st September 150 units @OMR 22 per unit On September 4, purchased 320 units @OMR 30 September 12, Purchased 215 units @OMR 35, September 15, purchased 200 units @ OMR 40, September 28, purchased 200 units @OMR 47, September 5, issued 225 Units, September 14, issued 190 units, September 20, issued 200 units, September 25, issued 250 units, September 30, Issued 90 units.

Stock on 1st October 130 units @ OMR 47 per unit and Purchases done on 5 October 200 units @ 52 per unit, 9 October 150 units @54 per unit, 17 October 225 units @ 53 per unit, 26 October 300 units @ 49 per unit and Issues were made on 7th October 225 units, 10 October 200 units and 19 October 150 units.

1. a. You are required to prepare stock register using Simple Average Method for the Period of August.
2. b. You are required to write the highest and lowest issue price with dates and find out the difference in both the prices.