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Flora's Gifts reported the following current-month data to is only product. The company as a period invertory, ending Inventory consists of 72 units-55 units from
Flora's Gifts reported the following current-month data to is only product. The company as a period invertory, ending Inventory consists of 72 units-55 units from the January 5 purchase and 16 units from the Jewy25 Jan. 1 Beginning inventory Jan. 6 Perchas Jan. 17 Purchase Jan. 25 Purchase Total 165 wnitat 16.00 - 60.00 570 unit 01.10 - 1,167.00 12.00 1,097 units (a-d) Determine the cost ussigned to ending Inventory and to cont of goods sold for the following (e) Which method yields the lowest net income? Complete this question by entering your answers in the tabs below. Req A to D ReqE Determine the cost assigned to ending Inventory and to cost of goods sold for the following. (De round internet calculations and round your answers to nearest whole dollor.) (a) Specific identification (6) Weighted average (c) FIFO (d) LIFO Invento $ $ $ 238 $ 240 $ 209 $ 3.431 3.429 3 450 Reg AloD ReqE>
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