4 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 510 units-170 from each of the last three purchases. Jan. Beginning inventory Mar 7 Purchase July 28 Purchase Oct. 3 Purchase Dec. 19 Purchase 270 units $4.80 1,296 580 units $5.753,335 1,220 units $5.306,466 1,100 units $5.60 6,160 600 unit$5.803,480 20,737 points Skipped Totals 3,770 units (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.) eBook ng Hint Inventory Sold (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO Print References (e) Which method ylelds the highest net income? O LIFO Weighted average O FIFO Check my work 5 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 96 units-68 units from the January 6 purchase and 28 units from the January 25 purchase Jan Beginning inventory Jan. 6 Purchase Jan. 17 Purchase Jan. 25 Purchase 225 units$4.80$1,080.00 402 units$4.401,768.80 630 units $4.102,583.00 40 units $3.80152.00 $5,583.80 points Skipped Totala 1,297 units eBook (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.) Hint Print Ending Invent Sold (a) Specific identification (b) Weighted average (C)FIFO (d) LIFO