Comparing periodic LIFO and periodic FIFO, which method results in lower amounts of Cost of Goods Sold and Gross Profit in periods of falling prices? Select one: Gross Profit Cost of Goods FIFO FIFO Cost of Goods Gross Profit LIFO LIFO Cost.of Goods Gross Profit Sold LIFO FIFO Gross Profit Do F F9 FB 1O FS Sold LIFO FIFO d. Cost of Goods Sold Gross Profit FIFO LIFO Question 21 Not yet 12/01 Beginning 100 units answered