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Question 2 In its first month of operations, Blue Company made three purchases of merchandise in the following sequence: (1) 291 units at NT$179, (2)
Question 2 In its first month of operations, Blue Company made three purchases of merchandise in the following sequence: (1) 291 units at NT$179, (2) 404 units at NT$199, and (3) 206 units at NT$218. Blue uses a periodic inventory system. Assuming there are 455 units on hand, compute the cost of the ending inventory under the FIFO method. The cost of the ending inventory NT$ Assuming there are 455 units on hand, compute the cost of the ending inventory under the average-cost method. (Round average cost and final answer to 2 decimal places, e.g. 1.25.) The cost of the ending inventory NT$L
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