From the following transactions extracted from the books of accounts of a manufacturing firm as on December 31, current year, determine (a) consumption value of raw materials in the month and (b)...

From the following transactions extracted from the books of accounts of a manufacturing firm as on December 31, current year, determine (a) consumption value of raw materials in the month and (b) value of closing stock as on December 31 of the current year under the FIFO method of pricing issues.