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the answer for question A is 101,200 NT$ In its first month of operations, Nash Electronics made three purchases of merchandise in the following sequence:
the answer for question A is 101,200 NT$
In its first month of operations, Nash Electronics made three purchases of merchandise in the following sequence: (1) 300 units at NT\$170, (2) 390 units at NT\$210, and (3) 220 units at NT\$250. Nash uses a periodic inventory system. (a) Assuming there are 440 units on hand, compute the cost of the ending inventory under the FIFO method. The cost of the ending inventory NT\$ (b) Assuming there are 440 units on hand, compute the cost of the ending inventory under the average-cost method. (Round average-cost per unit and final answer to 2 decimal places, e.g. 1.25.) The cost of the ending inventory NTS Step by Step Solution
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