Lopez Company reported the following current-year data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 330 units-110 from each of the last three purchases. January 1 March 7 July 28 October 3 December 19 Beginning inventory Purchase Purchase Purchase Purchase Totals Req A to D (a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following. (e) Which method yields the highest net income? Complete this question by entering your answers in the tabs below. Req E 210 units @ $2.40 460 units @ $2.75 1,100 units @ $2.90 980 units @ $3.20 360 units @ $3.40 3,110 units Tol Snorific identification 4 Determine the cost assigned to ending inventory and to cost of goods sold for the following. Note: Do not round intermediate calculations and round your answers to 2 decimal places. Ending Inventory Cost of Goods Sold

Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold for the following. Note: Do not round intermediate calculations and round your answers to 2 decimal places. (a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following (e) Which method yields the highest net income? Complete this question by entering your answers in the tabs below. Which method yields the highest net income? Lopez Company reported the following current-year data for its only product. The company uses a penodic inventory system, and its ending inventory consists of 330 units -110 from each of the last three purchases: (a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following (e) Which method yields the highest net income? Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold for the following. Note: Do not round intermediate calculations and round your answers to 2 decimal places