2 oct Opening balance=200 units @Rs 15 each, 4 Oct:Purchase=500 units – McqOptions

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1.	2 oct Opening balance=200 units @Rs 15 each, 4 Oct:Purchase=500 units @Rs 10 ,5 Oct Sales=600 units.What will be Closing Inventory value (in Rs) as per LIFO Method?
A.	Rs 1000
B.	Rs 500
C.	Rs 8000
D.	Rs 1500
Answer» E.

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