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 74 units57 units from the January 6 purchase, and 17 units from the January 25 purchase. Jan. 1 Beginning inventory 170 units @ $3.60 = $ 612.00 Jan. 6 Purchase 350 units @ $3.60 = 1,260.00 Jan. 17 Purchase 575 units @ $3.20 = 1,840.00 Jan. 25 Purchase 30 units @ $2.70 = 81.00 Totals 1,125 units $ 3,793.00 Required: Determine the cost assigned to ending inventory and to cost of goods sold for the following. (Round average cost per unit and final answers to 2 decimal places.)

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 74 units-57 units from the January 6 purchase, and 17 units from the January 25 purchase. Jan. 1 Beginning inventory Jan. 6 Purchase Jan. 17 Purchase Jan. 25 Purchase 170 units$3.60$ 612.00 350 units $3.601260.00 575 units $3.20,840.00 30 units $2.7081.00 $ 3,793.00 Totals 1,125 units Required Determine the cost assigned to ending inventory and to cost of goods sold for the following. (Round average cost per unit and final answers to 2 decimal places.) ing Cost of Goods Inventory Sold (a) Specific identification (b) Weighted average (c) FIFO (d) LIFO