ment CALCULATOR PRINTER VERSION BACK NEXT Pina Company Ltd. had 289 units ending inventory beginning inventory at a total cost of NT$875,092. The company purchased 578 units at a total cost of NT$2,018,954. At the end of the year, Pina had 217 units in Compute the cost of the ending inventory and the cost of goods sold under FIFO and average-cost. (Round average-cost per unit to 2 decimal places, e.g. 2.25 and final answers to o decimal places, e.g. NT$45.) FIFO Average-cost The cost of the ending inventory NTS NT$L NTS The cost of goods sold NTS Which cost flow method would result in the higher net income? FIFO method would result in the higher net income. Which cost flow method would result in inventories approximating current cost in the statement of financial position? Average-cost method would result in inventories approximating current cost in the statement of financial position. Which cost flow method would result in Pina paying fewer taxes in the first year? method would result in Pina paying lower taxes in the first year