Mar 01:- Opening Stock 500 KG at Rs.9 Mar 04:- Purchased 250 at Rs.9.50 Mar 12:- Purchased 400 at Rs.10 Mar 16:- Purchased 600 at Rs.10.30 Mar 23:- Purchased 300 at Rs.11 Issues:- Mar 03:- Issued 320 KG Mar 07:- Issued 200 KG Mar 13:- Issued 400 KG Mar 19:- Issued 550 KG Mar 26:- Issued 150 KG Mar 30:- Issued 200 KG Mar 15:- Shortage 8 KG Mar 31:- Surplus 2 KG Prepare the LIFO Method