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CALCULATOR PURTEN VERSION Question 1 in its first month of operations, Sheffield Company made three purchases of merchandise in the following sequence (1) 299 units

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CALCULATOR PURTEN VERSION Question 1 in its first month of operations, Sheffield Company made three purchases of merchandise in the following sequence (1) 299 units at 15170, (2) 302 units at NT510, and D) 10 units at NTS 203. Sheffield uses a periodic inventory system. Assuming there are 467 units on hand, compute the cost of the ending Inventory under the Promethod. The cost of the ending inventory ! 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 decimal place, 125.) The cost of the ending inventory NTS

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