The following data relate to material J for last month:                                                                                                   £ Opening stock               300 kg valued at                               3,300 Purchases: 4th                                 400 kg for                                          4,800 18th                               500 kg for                                          6,500 Issues: 13th                               600 kg 25th                               300 kg Using the LIFO valuation method, what was the value of the closing stock for last month? A   £3,300 B   £3,500 C   £3,700 D   £3,900 C
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