Inventory Valuation (FIFO / LIFO)
📦 Purchases (chronological order)
Lot / DescriptionQtyCost/UnitAction
Lot 1
Lot 2
🛒 Sales
Sale
FIFO
COGS₹9,800.00
Closing Stock₹4,200.00
Closing Qty70 units
LIFO
COGS₹10,500.00
Closing Stock₹3,500.00
Closing Qty70 units