1 16 points Skipped The following data are available for Sellco for the fiscal year ended...

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1 16 points Skipped The following data are available for Sellco for the fiscal year ended on January 31, 2020 Sales Beginning inventory Purchases, in chronological order 830 units 250 units #54 300 units 450 units 56 230 units #57 $5 eBook Print Required: a. Calculate cost of goods sold and ending inventory under the cost flow assumptions, FIFO, LIFO and Weighted average (using a periodic inventory system): (Round unit cost to 2 decimal places.) References FIFO LIFO Weighted average Cost of Goods Sold Ending Inventory b. Assume that net income using the weighted average cost flow assumption is $12.200 Calculate net income under FIFO and LIFO (Round unit cost to 2 decimal places.) Net Income FIFO LIFO 1 16 points Skipped The following data are available for Sellco for the fiscal year ended on January 31, 2020 Sales Beginning inventory Purchases, in chronological order 830 units 250 units #54 300 units 450 units 56 230 units #57 $5 eBook Print Required: a. Calculate cost of goods sold and ending inventory under the cost flow assumptions, FIFO, LIFO and Weighted average (using a periodic inventory system): (Round unit cost to 2 decimal places.) References FIFO LIFO Weighted average Cost of Goods Sold Ending Inventory b. Assume that net income using the weighted average cost flow assumption is $12.200 Calculate net income under FIFO and LIFO (Round unit cost to 2 decimal places.) Net Income FIFO LIFO