2. Prepare a statement showing the pricing of issues, on the basis of (5 marks) (a) First In First Out (FIFO) (b) Simple Average and 2018 March 1 Opening balances 250 units @ OMR 7.5 each 2 Purchased 240 units @ OMR 7.2 each. 5 Issued 250 units to Job X vide M.R.No.12 7 Purchased 200 units @ OMR 7.50 each 10 Purchased 300 units @ OMR 7.80 each 13 Issued 300 units to Job Y vide M.R.No.15 18 Issued 150 units to Job Z vide M.R.No.17 20 Purchased 200 units @ OMR 8 each 25 Issued 150 units to Job K vide M.R.No.25 UN 3. Critically analysis the difference between LIFO and FIFO. (3 marks) 1. Discuss the difference between the Cost, Financial and Management Accounting