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ezto.mheducation.com C myHilltop M Question 2 - Chapter 5 Homework - C... Dashboard How poor people survive in the USA D... Python Fundamentals - Google Docs Chapter 5 Homework i Saved Help Save & Exit Submit Check my work 2 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 420 units-140 from each of the last three purchases. 2 points Jan. 1 Beginni 0 units @ $3. 60 = $ 864 Mar. 7 Purchase 520 units @ $4. 25 = 2, 210 July 28 Purchase 1, 160 units @ $4. 10 = 4, 756 Oct. 3 Purchase 1, 040 units @ $4. 40 = 4,576 Dec. 19 Purchase 480 units @ $4. 60 = 2, 208 eBook Totals 3, 440 units $ 14, 614 a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following. Hint (e) Which method yields the highest net income Print Complete this question by entering your answers in the tabs below. In References Req A to D Req E 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.) Ending Cost of Goods Inventory Sold (a) Specific identification (b) Weighted average (C) FIFO (d) LIFO Mc Graw Hill