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1 Required Information 28 Use the following information for the Exercises below. points (The following information applies to the questions displayed below] Sklpped Laker Company reported the following January purchases and sales data for its only product Date Jan. 1 Beginning inventory Jan. 10 Sales Activities Units Acquired at Cost Units sold at Retail 285 units $13.e8 $2,665 eBook 165 units $22.88 Jan. 28 Purchase Jan. 25 Sales Jan. 38 Purchase 14e units@ $12.0e 1,68e 145 units $22.80 31e units $11.se 3,565 $7,910 Hirt Totals 655 units 310 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 345 units, where 310 are from the January 30 purchase. 5 are from the January 20 purchase, and 30 are from beginning inventory. Print References Exercise 5-3 Perpetual: Inventory costing methods LO P1 Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. 2. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO Complete this question by entering your answers in the tabs below. Recuired 1 Required 2 Required 3 Required 4 Required information Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification 2 Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO 28 oints Skipped Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Required 4 HirE Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. (Round cost per unit to 2 dec places.) Print Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Inventory- Units Cost Per Unit Ending Inventory- Cost Unit Units Sold erences Purchase Date Activity Units Unit Cost COGS Cost Jan. 1 Beginning inventory 205 Jan. 20 Purchase 140 Jan. 30 Purchase 310 855 Required 2 28 points Required 1 Required 2 Required 3 Required 4 Skipped Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per unit to 2 decimal places.) Perpetual FIFO eBook Goods Purchased Cost of Goods Sold Inventory Balance # of units Cost per unit Cost per # of units sold Cost per unit Cost of Goods Sold Inventory Balance Date # of units unit Hint January 1 205 S 13.00 S 2,085.00 January 10 Print January 20 References January 25 January 30 Totals Required 2 Required & 8 Dints Required 1 Required 2 Required 3 Required 4 Skipped Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places.) Perpetual LIFO eBook Goods Purchased Cost of Goods Sold Inventory Balance Cost per unit Cost per # of units #of units sold Cost of Goods Sold Cost per unit Inventory Balance Date #of units unit Hint January 1 205 S 13.00 S 2,685.00 January 10 Print January 20 ferences January 25 January 30 Totals Required