4 part question

2 Use the following Information for the Exercises below. [The following information applies to the questions displayed below 70 points Laker Company reported the following January purchases and sales data for its only product. Date Activities Units Acquired at Cost 200 units $12.50 - $2.500 Units sold at Retail Jan. 1 Beginning inventory Jan. 10 sales Jan, 20 Purchase 3an. 25 Sales 160 units $21.5e 130 units $11.5e 1,495 eBook 140 units $21.5e Jan. 30 Purchase 300 units $11.00 - 3,300 $7,295 Totals 630 units 3ee units Hint Th Company uses a perpetual inventory system. For specific identification, ending Inventory consists of 330 units, where 300 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 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 questions by entering your answers in the below tabs. Requed 1 Required 3 Required 2 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Inventory Units Ending Inventory Cost Unit Cost Cost Per Unit Units Purchase Date Activity COGS Units Unit Cost Sold Beginning inventory Purchase Purchase Jan. 1 200 Jan 20 130 300 Jan 30 630 Required 2 Ssignment auuI Peyuieu Use the following Information for the Exercises below. [The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for Its only product Date Activities Units sold at Retail Units Acquired at Cost 20e units@ $12.50 $2,see Jan. 1 Beginning inventory Jan. 18 Sales 16e units $21.se Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 130 units@ $11.5e 1,495 14e units @ $21.se 300 units@ 1.ee 3,300 Totals 630 units $7,295 3ee units The Company uses a perpetual Inventory system. For specific Identification, ending inventory consists of 330 units, where 300 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory t ences 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 ldentification. 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 questions by entering your answers in the below tabs. Requed 1 Required 2 Required 3 Required 4 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 welghted 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 questions by entering your answers in the below tabs. Requged 1 Required 2 Required 3 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Inventory Units Ending Inventory Cost Cost Per Unit Unit Units Sold Purchase Date Activity Units Unit Cost COGS Cost Beginning inventory 200 Jan. 1 Purchase Jan 20 130 Purchase Jan. 30 300 630 Required Required 2 >