Calculate by FIFO Method of inventory valuation, the Cost of Goods Sold and value of Ending Inventory from the following data:

Date

Transaction

Units

Price per Unit Rs.

June 1

Opening Stock

3,000

20

June-15

Purchases

1,500

25

July-10

Purchases

1,200

22

July-15

Sold

3,600

Aug 1

Sold

1,500

Aug-10

Purchases

1,200

25

Aug-31

Sold

1,500