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You are provided with the following information for the year 2019 about Al Maha Company for four quarters. The company has 5000 shares which is

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You are provided with the following information for the year 2019 about Al Maha Company for four quarters. The company has 5000 shares which is valued at RO 500,000 Quarter 1 | Quarter 2 Quarter 3 Quarter 4 225,000 4.000 325.000 12,300 10,000 Sales Sales returns and allowances Sales discounts Net Sales Cost of merchandise sold Gross Movie Salesmen salaries Depreciation on fixed assets Advertising expense Office supplies expense Gain on disposal of assets Interest revenu Interest expense Net Income from operation 208,750 ? 103,750 19.000 20,000 6,150 1.750 195,000 ? 16,000 10,000 16,500 9,800 480,000 2 2.500 15,000 1.500 435,000 246,000 ? 147.000 247.000 42,500 20,000 40,000 18,000 2 11.500 62,500 13,000 2 0 500 300 300 57850 600 7 0 82,500 ? 36800 All of the following are inventory costing methods except O a. First in first out O b. Stock taking O c. Last in first out O d. Weighted average

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