Question No. 2 Part III- (CLO: 2) (10) ABC trading company uses FIFO Method for its inventory management; company accounts shows following transactions during the month of November 2015. 1) Nov 1st Beginning Inventory 600 Unit @ Rs. 6 Each 2) Nov 5th Purchases 300 Unit @ Rs 8 Each 3) Nov 10th Sales 550 Unit @ Rs 12 Each 4) Nov 11th Purchase 200 Unit @ Rs 6 Each 5) Nov 15th Sales 500 Unit @ Rs 10 Each 6) Nov 20th Purchase 200 Unit @ Rs 6 Each 7) Nov 20th Purchase 300 Unit @ Rs 6.50 Each & Sales 325 Unit @ Rs 9 8) Nov 27th Purchase 150 Unit @ Rs 8 Each Instructions: Prepare Inventory schedule for November.