Prepare an inventory card showing the pricing of issues and ending inventory on the basis of (a) Simple Average and (b) FIFO methods from the following information 2016 March 1 Purchased 100 units @...

Prepare an inventory card showing the pricing of issues and ending inventory on the basis of

(a) Simple Average and

(b) FIFO methods from the following information

2016 March 1 Purchased 100 units @ Rs.10 each

March 2 Purchased 200 units @ Rs. 12 each.

March 5 Issued 250 units to Job.

March 7 Purchased 200 units @ Rs. 15 each

March 10 Purchased 300 units @ Rs.18 each

March 13 Issued 200 units to Job

March 18 Issued 200 units to Job

March 20 Purchased 100 units @ Rs.15 each

March 25 Issued 150 units to Job