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the work you have completed so far, it does not indicate com Exercise 5-14A Periodic: Cost flow assumptions LO P3 Lopez Company reported the following

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the work you have completed so far, it does not indicate com Exercise 5-14A Periodic: Cost flow assumptions LO P3 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 360 units -120 from each of the last three purchases Jan. 1 Beginning inventory Mar. 7 Purchase July 28 Purchase Oct 3 Purchase Dec. 19 Purchase Totals 220 units @ $2.80 480 units @ $3.25 1,120 units @ $3.30 1,000 units @ $3.60 400 units @ $4.10 3,220 units -$ 616 1,560 3,696 3,689 1,640 $ 11, 112 (a-ay 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 2 decimal places.) 3 Answer is complete but not entirely correct. Ending Cost of Inventory Goods Sold Specific identification S 1.272.00 $9.208.00 $ Weighted average 5 1.172.00 S 9.308.00 X FIFC 5 1 476.00 $ 9,004,00 3 LIFO S 955.00 $ 9.525.00 lo d)

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