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A company started 0n 1st.

april 2011,purchased raw material during 2011-12 as stated below : April 2, 2011 May 26, 2011 July 13, 2011 Oct. 10, 2011 Jan. 18, 2012 Feb. 29, 2012 800 kg. @ Rs.62 per kg. 1200 kg. 2500 kg. 3000 kg. 1500 kg. 1000 kg. @ Rs.57 per kg. @ Rs.59 per kg. @ Rs.56 per kg. @ Rs.60 per kg. @ Rs.65 per kg.

While preparing the final accounts on 31st. March 2012 the company had 1300 kg. of raw material in the godown. Calculate the value of closing stock according to : I III FIFO basis Weighted avg. basis II LIFO

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