Question 2 In its first month of operations, Buffalo Company made three purchases of merchandise in the following sequence: (1) 306 units at NT$175, (2) 403 units at NT$192, and (3) 180 units at NT$ 205, Buffalo uses a periodic Inventory system. Assuming there are 459 units on hand, compute the cost of the ending Inventory under the FIFO method. The cost of the ending Inventory NTS Assuming there are 459 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 NTS Question 14 On December 1, Pharoah Electronics Ltd. has three DVD players left in stock. All are identical, all are priced to sell at NT$4,574. One of the three DVD players left in stock, with serial #1012, was purchased on June 1 at a cost of NT$2,943. Another, with serial #1045, was purchased on November 1 for NT$2,738. The last player, serial #1056, was purchased on November 30 for NT$2,468. (a) Calculate the cost of goods sold using the FIFO periodic inventory method assuming that two of the three players were sold by the end of December, Pharoah Electronics Year-end The cost of goods sold NTS By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor