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please answer the two questions only. only answers. In its first month of operations, Sheffield Company made three purchases of merchandise in the following sequence:

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In its first month of operations, Sheffield Company made three purchases of merchandise in the following sequence: (1) 299 units of NT$170, C2) 32 cits at $184, and in 193 at NT$203. Sheffield uses a periodic inventory system. Assuming there are 467 units on hand, compute the cost of the ending Inventory under the FIFO method. The cost of the ending inventory NTS Assuming there are 467 units on hand, compute the cost of the ending inventory under the werage cont method. (round arow cost and answer to 2 decimale 1.25.) The cost of the ending Inventory NTS Question 1 In its first month of operations, Sheffield Company made three purchases of merchandise in the following sequence (1). 200 units at $170, C2) 32 NT$184, nd) at NT$203. Sheffield uses a periodic Inventory system Auming there are 467 units on hand, compute the cost of the ending inventory under the FIFO method. The cost of the ending invitat NTS Assuming there are 467 units on hand, compute the cost of the ending inventory under the average cost method. (Round average cost and final answer to 2 decimal acesso 1.25) The cost of the ending inventory NTS

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