Exercise 5-15A Periodic: Cost flow assumptions LO P3 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 92 units-66 units from the January 6 purchase and 26 units from the January 25 purchase. Jan. 1 Beginning inventory Jan. 6 Purchase Jan. 17 Purchase Jan. 25 Purchase Totals 215 units @ $4.60 = $ 989.00 390 units @ $4.30 = 1,677.00 620 units @ $3.90 = 2,418.00 38 units @ $3.60 =. 136.80 1,263 units $5,220.80 (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.) (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 377 (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO (e) Which method yields the lowest net income? Specific identification FIFO LIFO Weighted average