Question 2: A. J sons show the following transaction show the purchases and sales of merchandise during the year: Jan. 1 Balance on hand, 10,000 Units Rs.2/per unit Jan. 5 Purchase, 12,000 units, Rs.3 /per unit Jan. 8 Sale, 15,000 units Rs.8/per unit Jan. 15 Purchase 20,000 units Rs.4/per unit Jan. 18 Sale, 18,000 units, Rs.10/per unit Jan. 25 Purchase, 30,000 units Rs.5/per unit Jan. 26 Sale, 12,000 units, Rs. 12/per unit Jan. 27 Purchase, 30,000 units Rs.5/per unit Jan. 30 Purchase, 2,5200 units Rs.6/per unit Jan. 31 Sale 21,000 units Rs.12/per unit Required: Compute the cost of ending inventory under the periodic system on Jan 31, 2013 using the following methods: a. First In First Out (FIFO). b. Weighted Average Method