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3 Answer is complete but not entirely correct. 4 points (a) (b) (c) Specific identification Weighted average FIFO LIFO Ending Inventory $ 4,480.00 $ 4,194.00

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3 Answer is complete but not entirely correct. 4 points (a) (b) (c) Specific identification Weighted average FIFO LIFO Ending Inventory $ 4,480.00 $ 4,194.00 $ 5,340.00 $ 3,675.00 Cost of Goods Sold $ 24,168.00 $ 24,454.00 $ 23,308.00 $ 24,973.00 EX 00:44:01 Return 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. Jan. 1 Beginning inventory Mar. 7 Purchase July 28 Purchase Oct. 3 Purchase Dec. 19 Purchase Totals 300 units @ $6.00 - $ 1,800 640 units @ $6.25 4,000 1,280 units @ $6.50 8,320 1,160 units @ $7.00 - 8,120 720 units $8.90 6,408 4,100 units $28,648 (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 2 decimal places.)

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