I have a Q regarding Fifo, Lifo & the Weighted Average. Workings of the material costs attached.

Purchases
13 Jan 200 (7200 total cost)
08 Feb 400 (15200 total cost)
11 Mar 600 (2400 total cost)
12 Apr 400 (14000 total cost)
15 Jun 500 (14000 total cost)

Sales
10 Feb 500 (25000 total sale)
20 Apr 600 (27000 total sale)
25 Jun 400 (15200 total sale)

Prices per unit

13-Jan-10 €7,200/200 €36.00 Sold 10 Feb - 200
08-Feb-10 €15,200/400 €38.00 Sold 10 Feb - 300 /20 April - 100 = 400
11-Mar-10 €24,000/600 €40.00 Sold 20 April - 500 / 25 June - 100 = 600
12-Apr-10 €14,000/400 €35.00 25 June - 300 = 100 left
15-Jun-10 €14,000/500 €28.00

FIFO

10-Feb-10 Sold 500 units
200 x €36.00 €7,200
300 x €38.00 €11,400
€18,600 18,600

20-Apr-10 Sold 600 units
100 x €38.00 €3,800
500 x €40.00 €20,000
€23,800 23,800

25-Jun-10 Sold 400 Units
100 x €40.00 €4,000
300 x €35.00 €10,500
€14,500 14,500

56,900 Value of Material used


25 June 2010 Stock left
100 x €35.00 €3,500
500 x €28.00 €14,000 €17,500 value of closing stock

The total price of units sold is €56,900
The total cost price of all units purchased is €74,000
The value of closing stock is €17,500


Prices per unit

13-Jan-10 €7,200/200 €36.00 10 Feb sold 100 - 100 left
08-Feb-10 €15,200/400 €38.00 10 Feb sold 400
11-Mar-10 €24,000/600 €40.00 20 April sold 200 - 400 left
12-Apr-10 €14,000/400 €35.00 20 April sold 400
15-Jun-10 €14,000/500 €28.00 15 June sold 400 - 100 left

LIFO

10-Feb-10 Sold 500 units
400 x €38.00 €15,200
100 x €36.00 €3,600
€18,800

20-Apr-10 400 x €35.00 €14,000
200 x €40.00 €8,000
€22,000

25-Jun-10 400 x €28.00 €11,200
€52,000 value of material


25 June stock left
100 x €36.00 €3,600
400 x €40.00 €16,000
100 x €28.00 €2,800
€22,400 value of closing stock

The total cost price of units sold is €52,000
The total cost price of all units purchased is €74,000
The total value of closing stock is €22,000

Sorry the attachment would't work so I've added the workings above.