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Exercise 5-14A Periodic: Cost flow assumptions LO P3 Lopez Company reported the following current-year data for its only product. The company uses a periodic inventory

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Exercise 5-14A Periodic: Cost flow assumptions LO P3 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 300 units$4.00$1,200 640 units $4.25 2,720 1,280 units$5.006,400 Oct. 3 Purchase1.160 units e $7.008.120 720 units$8.90 6,408 24,848 July 28 Purchase Dec. 19 Purchase Totals 4,100 units 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.) Ending Cost of G (a) Specific identification b) Weighted average G) FIFO (d) LIFO

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