1st exam is 5h in total: start at 1pm to 5:30pm 2h for multiple question, and 3h for 4 problems this is part 1 on wednesday Part 2 on thursday: is going to be between 25 to 30 questions but sure is 25...

Sheet1
                            FIFO Valuation Method
                Mar-01        10,000 boxes at 1.60        16000
                Aug-15        20,000 boxes at 1.70        34000
                Nov-20        10,000 boxes at 1.80        18000
                            Records            Issued            Balance
                Date     Particulars    Qty    Rate     Amount    Qty    Rate     Amount    Qty    Rate     Amount
                Begining Inventory                                10,000    $ 1.50    $ 15,000.00
                1-Mar    Purchases    10,000    $ 1.60    $ 16,000.00                10,000    $ 1.50    $ 15,000.00
                                                10,000    $ 1.60    $ 16,000.00
                Aug-15    Purchases    20,000    $ 1.70    $ 34,000.00                10,000    $ 1.50    $ 15,000.00
                                                10,000    $ 1.60    $ 16,000.00
                                                20,000    $ 1.70    $ 34,000.00
                Nov-20    Purchases    10,000    $ 1.80    $ 18,000.00                10,000    $ 1.50    $ 15,000.00
                                                10,000    $ 1.60    $ 16,000.00
                                                20,000    $ ...