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Flora's Gifts reported the following current- month data for its only product. The company uses...

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Accounting

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 94 units- 67 units from the January 6 purchase and 27 units from the January 25 purchase
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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 94 units-67 units from the January 6 purchase and 27 units from the January 25 purchase. an. 1 Beginning inventory an. 6 Purchase Jan. 17 Purchase Jan. 25 Purchase 220 units$4.80 $1,056.00 396 units$4.401,742.40 625 units $4.00 2,580.80 9 units @ $3.78-144.30 $5,442.70 Totals 1,280 units Determine the cost assigned to ending inventory and to cost of goods sold for the following. (Do not round intermediate calculations s and round your answers to nearest whole dollar.) ing Cost of Goo Inventory Sold (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO Which method yields the lowest net income? O Specific identification Weighted average

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