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Exercise 6-15A (Algo) Periodic: Cost flow assumptions LO P3 Flora's Gifts reported the following current-month...

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Accounting

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Exercise 6-15A (Algo) Periodic: Cost flow assumptions LO P3 Flora's Gifts reported the following current-month data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 86 units 63 units from the January 6 purchase and 23 units from the January 25 purchase (a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following (e) Which method ylelds the lowest net income? Determine the cost assigned to ending inventory and to cost of goods sold for the following. (Do not round intermediate calculations and round your answers to nearest whole dollar.) Complete this question by entering your answers in the tabs below. Which method yields the lowest net income

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\table[[\table[[Quilcene Oysteria],[Flexible Budget],[For the Month Ended August 31]],],[\table[[Actual pounds (q)],[Revenue ( $4.10q)]],\table[[\table[[7,200],[$29,520