Turnball Pty Ltd's record of purchases and issues of a specific raw material used is as follows:

June 1 Stock 5,600 tins at $6.00 per tin (Opening balance)

4 Issued 2,400tins

6 Received 2,000tins at $6.65 per tin

8 Issued 2,000 tins

14 Received 800 tins at $7 per tin

17 Issued 1,600tins

20 Received 1,000 tins at $7.08 per tin

25 Issued 1,800

27 Received 2,400 tins at $6.00 per tin

On 30^th June a stocktake was conducted showing 3,800 units on hand

First-In-First-Out
Date	Received	Issued	Balance
	Qty	Price	Amount	Qty	Price	Amount	Qty	Price	Amount