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Exercise 6-15A (Algo) Periodic: Cost flow assumptions LO P3 Flora's Gifts reported the following current-month data for its only product. The company uses a periodic

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Exercise 6-15A (Algo) 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 systen and its ending inventory consists of 82 units-61 units from the January 6 purchase and 21 units from the January 25 purchase. (a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following. (e) Which method yields the lowest net income

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