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1 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

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1 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. 10 Sots yan. Beginning inventory Jan. Purchase Jan. 17 Purchase Jan, Purchase Totals 200 units $4.30 373 units 54.10 605 units 33.60 35 units 53.30 1,213 units -$860.00 1.520.30 -2,173.00 115.50 54.682.80 os (a-d) 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) Ending Inventory Cost of Goods Sold (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO References (e) Which method yields the lowest net income? O FIFO Specific identification O Weighted average OLIFO

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