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Question 7 In its first month of operations, Blue Company made three purchases of merchandise in the following sequence: (1) 300 units at NT$179, (2)

Question 7 In its first month of operations, Blue Company made three purchases of merchandise in the following sequence: (1) 300 units at NT$179, (2) 388 units at NT$198, and (3) 203 units at NT$209. Blue uses a periodic inventory system Your answer is incorrect. Try again. Assuming there are 461 units on hand, compute the cost of the ending inventory under the FIFO method The cost of the ending inventory 194.10 NT$ LINK TO TEXT

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