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 60 units50 units from the January 6 purchase and 10 units from the January 25 purchase. Jan. 1 Beginning inventory -138 units @ $3.00 = $ 414 Jan. 6 Purchase 300 units @ $2.80 = $840 Jan 17 Purchase 540 units @ $2.30 =$1,242 Jan. 25 Purchase 22 units @ $2.00=$44 Totals 1,000 units $2,540 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)specific identification

B)weighted average

C)FIFO

D)LIFO