1/5/07 Purchased 100 bags of milk at #10.00k each

3/5/07 Purchased 60 bags of milk at #11.50k each

15/5/07 Issued 85 bags of milk

15/5/07 Purchased 180 bags of milk at #12.80K each

22/5/07 Issued 145 bags of milk.

Using FIFO method, what would be the value of stock as at 9/5/07?

• A #862.50
• B #840.00
• C #806.25
• D #750.00