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On 1st January 2020, NDC LLC bought 1500 units of raw material for OMR 120,000....

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Accounting

On 1st January 2020, NDC LLC bought 1500 units of raw material for OMR 120,000. It purchased another batch of raw material on 2nd march 2020 of 750 units for OMR 71,250. The company follows the first in first out method of issuing inventories. On 30th April 2020 it sold 1200 units for OMR 96,000. the remaining inventories on 30th April 2020 will be:

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