| luuation as per FIFo | ||||
| 900 Units are on the hand | ||||
| Date 1 | Unit | Per Unit | Total | |
| 1-Jan | 300 | 7 | 2100 | |
| 8-Jan | 450 | 8 | 3600 | |
| 29-Jan | 750 | 9 | 6750 | |
| Less : Sold (Cost of goods sold) | ||||
| 1-Jan | 300 | 7 | 2100 | |
| 8-Jan | 300 | 8 | 2400 | |
| 600 | 4500 | |||
| Cost of goods available for sale | ||||
| 8-Jan | 150 | 8 | 1200 | |
| 29-Jan | 750 | 9 | 6750 | |
| Total | 900 | 7950 | ||
| Valuuation as per LIFo | ||||
| 900 Units are on the hand | ||||
| Date 1 | Unit | Per Unit | Total | |
| 1-Jan | 300 | 7 | 2100 | |
| 8-Jan | 450 | 8 | 3600 | |
| 29-Jan | 750 | 9 | 6750 | |
| Less : Sold (Cost of goods sold) | ||||
| 1-Jan | 650 | 9 | 5850 | |
| 650 | 5850 | |||
| 1-Jan | 300 | 7 | 2100 | |
| 8-Jan | 450 | 8 | 3600 | |
| 29-Jan | 150 | 9 | 1350 | |
| 7050 | ||||
| Valuuation as per weighted average | ||||
| 900 Units are on the hand | ||||
| Date 1 | Unit | Per Unit | Total | weighted avg |
| 1-Jan | 300 | 7 | 2100 | 7 |
| 8-Jan | 450 | 8 | 3600 | 7.6 |
| 29-Jan | 750 | 9 | 6750 | 8.3 |
| 900 | 8.3 | 7470 | ||
| FIFO | LIFO | Weightrd avg | |
| Cost of Goods available for sale | 7950 | 7050 | 7470 |
| Inventory | 600 | 600 | 600 |
| Cost of Goods sold | 4500 | 5850 | 4980 |
