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In its first month of operations, Oriole Company made three purchases of merchandise in the following...

In its first month of operations, Oriole Company made three purchases of merchandise in the following sequence: (1) 306 units at NT$171, (2) 418 units at NT$181, and (3) 217 units at NT$200. Oriole uses a periodic inventory system.

A) Assuming there are 467 units on hand, compute the cost of the ending inventory under the FIFO method.

B) Assuming there are 467 units on hand, compute the cost of the ending inventory under the average-cost method.

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