Question 2 (20 Marks) Char Tau Sdn Bhd uses Material B for production. The following are the movements of stock during the month of November 2020: Receipts Issues Date Units Unit cost (RM) Units 1 240 1.10 3 300 1.20 10 200 15 250 1.30 18 250 23 100 27 400 1.25 30 250 Required: Prepare a store ledger card for the month using each of the following methods: (a) First-in-first-out (FIFO) (7 marks) (b) Last-in-first-out (LIFO) (7 marks) (c) Cumulative weighted average cost (CWAC) (6 marks)

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