Sekhon Company had a beginning inventory on January 1 of 160 units of Product 4-18-15 at a cost of $20 per unit. During the year, purchases were as follows. Mar 15 July 20 (a) (b1) (b2) 400 units at $23 250 units at $28 Sekhon Company uses a periodic inventory system. Sales totaled 1.000 units. (c) Sept. 4 Dec. 2 330 units at $33 100 units at $30 Which cost flow method results in the highest inventory amount for the balance sheet? The highest cost of goods sold for the income statement? results in the highest inventory amount, $ produces the highest cost of goods sold, $

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Sekhon Company had a beginning inventory on January 1 of 160 units of Product 41815 at a cost of $20 per unit. During the year. purchases were as follows Sekhon Company uses a periodic inventory system. Sales totaled 1.000 units. (a) (b1) (b2) (c) Which cost flow method results in the highest inventory amount for the balance sheet? The highest cost of goods sold for the income statement? results in the highest imventory amount, $ produces the highest cost of goods sold, \$