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b akiya Electronica ed the specific identification method instead of the PO method, how might it aker its earnings by selectively choosing which particular players to sell to the two customers? What would Klyak's cost of goods sold be if the company wished to minimize earnings? Maximize eamings? a) Which of the two inventory methods do you recommend that Kiyak use? Explain why e old 26 102 64 Elsa's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Com Information relating to Elsa's purchases of Xpert snowboards during September is shown good below. During the same month, 121 Xpert snowboards were sold. Elsa's uses a periodic UFO. inventory system. (LO 21 Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory $ 97 $ 2.522 Sept. 12 Purchases 4,590 Sept. 19 Purchases TE 104 Sept. 26 Purchases Totals hustructions (a) Compute the ending inventory al September 30 and cont de sold using the FIFO and LIFO methods. Prove the amount allocated to cost of als soldunderach method tb For both FIFO and LIFO, calculate the sum ofending inventory and cost of goods sok What do you notice about the answers you found for each method? 2.00 los .42 O D E6.5 Ballas Couses a periodic inventory system is records show the towing for the C math of May in which 6 units were sold Units Unit Cost Total CON May Inventory 52-40 Purchases The 102 DELIBOG MacBook Air

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