At the beginning of the year 2009, Vel Ltd had 1,500 items in stock which had cost Rs 1,680. At the end of the year, 3,800 items were held.

Purchases during the year:

Date

Quantity

Total Cost

Feb 15

(2,000)

(Rs 2,280)

May 15

(2,400)

(Rs 2,784)

Oct 15

(2,700)

(Rs 3,267)

Dec 15

(2,500)

(Rs 3,075)

The Periodic Inventory Method is used. Compute the cost of the Closing Stock under: (a) FIFO; (b) LIFO and (c) WAP methods.