5 Required information Use the following Information for the Exercises below. The following information applies to the questions played below) Lakar Company reported the following January purchases and sales data for its only product Sau beginning Intary 3.10 Sales 120 Purcha Jan. 25 Sales MA 178 units. 512015 10 nits $18.50 120 units 58.5 1.020 11518.50 2 51.002.00 150 unit 14,715 20 units 0 Exercise 5-5A Periodic: Inventory costing LO P3 Required The Company as a periodic inventory system for specific identification, ending inventory consists of 290 units, where 260 are from the January 30 purchase 5 are from the January 20 purchase, and 25 are from beginning inventory. Determine the cost assigned to ending Inventory and to cost of goods told using a specific identification to waighted average to FIFO, and (LIFO. Complete this questions by entering your answers in the below tabs. Se re uro Determine the contending inventory and to cost of goods sold in specific identification for specific identification ending inventory cons of 290 nits where were they purchase are from the nary 20 purchase and 25 are from beginning inventory Con of Good Gold Com Cast of Gode Aveable for of cost per sold whit Cost of Goods Gold Echny inventory of units Cou in ending Ending intory per un eventory 2 decimal Places 1816 10 Bar 200 122.400 190.000 1 046010 0 Weighted Average > Required information Use the following information for the Exercises below. (The following informacion apples to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product ES UNTES AL Cost Units einnig very 1 units 59.3213 1.16 Sais 110 units 510.50 1.20 Picha 120 # 58.50 138 units 51.se Jan 10 Purchase 2 uits. 55.00 2.000 1.ae Jan. 25 Sales Turals 5 $4,715 26 units Exercise 5-5A Periodie: Inventory costing LO P3 Required The Company uses a periodic Inventory system. For specific identification, ending inventory consists of 290 units, where 260 are from the January 30 purchase. 5 are from the January 20 purchase, and 25 are from beginning inventory Determine the cost assigned to ending inventory and to cost of goods sold using a specific Identification. It weighted average. (FIFO, and () LIFO. Complete this questions by entering your answers in the below tabs. FOTO LITO Determine the case to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) Me Cout Cod Goods for Sale Cost of Goods Sold Ending Inventory Areng Cost of Goods of units Average Cost of of units Average of its Cost per Available for Ending sold Cost per Goods sold in ending Cost per Uolt inventory Inventory unit 110 5 16151 Begg 120 300 380 122.400 520.000 544015 3 $ 5 Required information Use the following information for the Exercises below. {The following information apples to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product ACTIVIEN US AC Cost Units soldattal Jan 1 beginning inventory 170 units $9.50 51,615 Jan. 10 Sales 130 units $18.50 Jan 20 Purchase 120 units $8.50 110 units $18.50 200 lt. 59.00 54.715 260 units Dute 1,020 Jane Purchase 2.0 Total 550 units Exercise 5-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic Inventory system for specific identification, ending inventory consists of 290 units, where 260 are from the January 30 purchase. 5 are from the January 20 purchase, and 25 are from beginning inventory. Determine the cost assigned to ending Inventory and to cost of goods sold using a specific identification, (weighted average. (FIFO, and (0) LIFO. Complete this questions by entering your answers in the below tabs. Sooned Wted FIFO LITO Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. FIFO Cost of Goods Available for Sale Cost Cost of Goods per unit Available for Sale TO 9.50 $ 1.815 Cost of Goods Sold Ending Inventory of units Cost per Cost of of units Cost Ending sold unit Goods sold in ending per unit Inventory inventory Beginning or Purchases Jan 20 120102000 2002.000.00 122.400 Jan 30 520.000 644 015 5 0 3 0 ( Weighted Average LIFO > Required information 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 annutes Acetat 31 Bing inventory 170 $9.50 - $1,615 Sam 10 Sals 110 units 518.50 120 units $8.50 Jan 25 Sales 110511.50 10 Purchase 200 units 58.00 $4,715 260 units Die 1,20 2.000 Total 550 nits Exercise 5-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic tnventory system. For specific identification, ending inventory consists of 290 units, where 260 are from the January 30 purchate. 5 are from the January 20 purchase, and 25 are from beginning inventory. Determine the cost assigned to ending Inventory and 10 cost of goods sold using a specific identification. (b) weighted average. (FIFO, and (LIFO, Complete this questions by entering your answers in the below tabs. Spect ro per un Available for Sale Determine the cont assigned to ending inventory and LIFO pds sold using LIFO. OURO Cost of Goods before Cost of Goods Solid Ending laventory Cost Cost of Goods of units Cost per of units Cost of Cost Ending sald unit Goods sold in ending per unit Inventory inventory Beginning 170 503 1615 Purses 1201000 122.400 2002.00000 520.000 044015 550 3 0 3 5 Required: The Company uses a periodic Inventory system For specific identification, ending Inventory consists of 290 units, where 260 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory Determine the cost assigned to ending inventory and to cost of goods told using ( specific identification, (weighted average, la FIFO and (LIFO Complete this questions by entering your answers in the below tabs. Specific ld Weighted Average FIFO LIFO Available for Determine the cost signed to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places ha Aerage Cout Contot Gods Avata for sale Cost of Goods Sold Ending In Average Cast of Goods Average Cost of et units of units Sounits Cost per Average sold Cost per Ending Cooper Goods Soldin ending Unit Sale Inventor inventory unit Beginning 170 . 1615 Purchase Jan 20 122.400 Jan 30 260 520.000 550 1 54015 5 || Exercise 5-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic inventory system for specific identification, ending inventory consists of 290 units, where 260 are from the January 30 purchase. 5 are from the January 20 purchase, and 25 are from beginning inventory Determine the cost assigned to ending inventory and to cost of goods sold using a specific identification of weighted average. (FIFO and (LIFO. Complete this questions by entering your answers in the below tabs. Weighted Specified FIFO UFO Average Determine the cost assigned to ending inventory and to cost of goods told using Firo. Cost of Goods Available for Sale Ceol of Goods sold Ending Inventory Cost of Goods of units Cost per Available for of units Cost Cost per un of uns sold unit Cost of Ending Goods Sold in endino per unit inventory Inventory 170 50 5 1.015 Beginning invertory Purchases Jan 20 122.400 120 1,000.00 200 2.000.00 Jan 30 520,000 550 3 544,015 Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 290 units, where 260 are the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Determine the cost assign ending inventory and to cost of goods sold using a specific identification, (o) weighted average. (cFIFO, and (c) LIFO. Complete this questions by entering your answers in the below tabs. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of units per unit Cost of Goods Available for Sale of units Cost per sold unit Cost of of units Goods Sold in ending inventory Cost Ending per unit Inventory 170 0.50 1,615 Beginning inventory Purchases Jan 20 122.400 120 1.020.00 200 2,000.00 Jan 30 520.000 Total 550 $ 644,015 3 0 (FIFO