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ework Exercise 5-14 (Algo) Periodic: Cost flow assumptions LO P1 Lopez Company reported the following current year data for its only product. The comp ending inventory consists of 450 units -150 from each of the last three purchases Jangan ng tiwventory Hor. 7 Purchase July 20. Purchase Oct. 3 Purchase Dec 19 Purchase Totals 250 14.00 -53,000 540 nits 34.5- 2.565 1.100 units 56.50 5,310 1. its $5.00 6,10 555.103.268 (0-0) Determine the cost assigned to ending inventory and to cost of goods sold for the (e) Which method yields the highest net income? Complete this question by entering your answers in the tabs below. Reg A to Reg Determine the cost wigned to ending inventary and to cost of goods sold for the following calculation and round your newers to 2 decimal per Dado Good (A) Spidentification (Woodave c) FIFO (d) LIFO Regt >

ework Exercise 5-14 (Algo) Periodic: Cost flow assumptions LO P1 Lopez Company reported the following current year data for its only product. The comp ending inventory consists of 450 units -150 from each of the last three purchases Jangan ng tiwventory Hor. 7 Purchase July 20. Purchase Oct. 3 Purchase Dec 19 Purchase Totals 250 14.00 -53,000 540 nits 34.5- 2.565 1.100 units 56.50 5,310 1. its $5.00 6,10 555.103.268 (0-0) Determine the cost assigned to ending inventory and to cost of goods sold for the (e) Which method yields the highest net income? Complete this question by entering your answers in the tabs below. Reg A to Reg Determine the cost wigned to ending inventary and to cost of goods sold for the following calculation and round your newers to 2 decimal per Dado Good (A) Spidentification (Woodave c) FIFO (d) LIFO Regt >