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  3. lopez company reported the following current-year

Lopez Company reported the following current-year data for its only product. The company uses a...

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Accounting

Lopez Company reported the following current-year data for its only product. The company uses a periodic inventory system, and its
ending inventory consists of 600 units-200 from each of the last three purchases.
(a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following.
(e) Which method yields the highest net income?
Complete this question by entering your answers in the tabs below.
Determine the cost assigned to ending inventory and to cost of goods sold for the following.
Note: Do not round intermediate calculations and round your answers to 2 decimal places.
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