1. Example
Date Received Issues (units) @ Rs. Per unit
(units)
Jan 01 1000 10
Jan 10 260 10.50
Jan 20 700
Feb 04 400 11.50
Feb 21 300 12.50
March 16 620
April 12 240
11
May 10 500
May 25 380

2. FIFO
Receipts Issues Balance
Date Units Rate Value Unit Rate Value Unit Value
Jan 01 1000 10 10000 1000 10000
Jan 10 260 10.50 2730 1260 12730
Jan 20 700 10 7000 560 5730
Feb 04 400 11.50 4600 960 10330
Feb 21 300 12.50 3750 1260 14080
Mar 16 300 10 3000 640 7660
260 10.50 2730
60 11.50 690
Apr 12 240 11.50 2760 400 4900
May 10 500 11 5500 900 10400
May 25 100 11.50 1150 520 5750
280 12.50 3500

3. LIFO
Receipts Issues Balance
Date Units Rate Value Unit Rate Value Unit Value
Jan 01 1000 10 10000 1000 10000
Jan 10 260 10.50 2730 1260 12730
Jan 20 260 10.50 2730 560 5600
440 10 4400
Feb 04 400 11.50 4600 960 10200
Feb 21 300 12.50 3750 1260 13950
Mar 16 300 12.50 3750 640 6520
320 11.50 3680
Apr 12 80 11.50 920 400 4000
160 10 1600
May 10 500 11 5500 900 9500
May 25 380 11 4180 520 5320