Question 2 In its first month of operations, Marin Company made three purchases of merchandise...
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Accounting
Question 2 In its first month of operations, Marin Company made three purchases of merchandise in the following sequence: (1) 296 units at NT$176, (2) 415 units at NT$193, and (3) 190 units at NT$209. Marin uses a periodic inventory system. Assuming there are 451 units on hand, compute the cost of the ending inventory under the FIFO method. The cost of the ending inventory NT$ Assuming there are 451 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$
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