* 5.1.pdf Question 1 - W3: CNECT - Conne X a Amazon.com : orphan first kill * G If a company uses a periodic inve X + X G https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fmybsc.bryantst... A G W3: CNECT - Connect Assignment 3 @ Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Required information [The following information applies to the questions displayed below.] Part 1 of 3 Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 275 units from the January 30 20 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. points Date Activities Units Acquired at Cost Units sold at Retail January 1 Beginning inventory 175 units @ $ 10.00 = $ 1, 750 January 10 Sales 135 units $ 19.00 January 20 Purchase 130 units @ $ 9.00 = 1, 170 January 25 Sales 140 units $ 19.00 January 30 Purchase 275 units @ $ 7.00 = 1,925 Totals 580 units $ 4,845 275 units Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Determine the most assigned to anding invention and to most of anode cold being wnightAd QUAPARA Mc Graw Prey. 1 2 3 of 5 Next > Hill BO O a W 7:01 PM Sunny 9/25/2022* 5.1.pdf Question 1 - W3: CNECT - Conne X a Amazon.com : orphan first kill * G If a company uses a periodic inve X + X G https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fmybsc.bryantst... A G W3: CNECT - Connect Assignment 3 @ Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question ! Required information MYclayE Part 1 of 3 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 20 Cost # of Ending Ending points Purchase Date # of Per Cost Per Activity COGS Cost Per units Inventory- units Unit Inventory- Unit Units Unit sold Cost January 1 Beginning inventory 175 January 20 Purchase 130 January 30 Purchase 275 580 0 $ 0 0 $ 0 Mc Graw Hill 7:01 PM BO O a W 9/25/2022 Sunny* 5.1.pdf Question 1 - W3: CNECT - Conne X a Amazon.com : orphan first kill * G If a company uses a periodic inve X + X G https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fmybsc.bryantst... A G W3: CNECT - Connect Assignment 3 @ Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 1I Awarano ! Required information Weighted Average - Perpetual: Part 1 of 3 Goods Purchased Cost of Goods Sold Inventory Balance Date Cost # of units # of units Cost per Cost of Goods Cost per per sold unit Sold # of units unit Inventory Balance unit 20 points January 1 175 at S 10.00 = 1,750.00 January 10 165 x at 13.00 x = $ 2,145.00 40 at S 13.00 X = $ 520.00 140 * at $ 12.00 40 at 13.00 520.00 January 20 140 at 12.00 = 1.680.00 Average cost January 20 180 at $ 2,200.00 January 25 145 x at $ 12.22 * = $ 1,771.90 35 x at 12.22 X = $ 427.70 310 x at $11.50 x 35 at S 12.22 427.70 January 30 310 at S 11.50 3,565.00 Totals $ 3,916.90 345 at S 11.57 X $ 3,992.70 Mc Graw Prey. 1 2 3 of 5 Next > Hill BO O a W 7:01 PM Sunny 9/25/2022* 5.1.pdf Question 1 - W3: CNECT - Conne X a Amazon.com : orphan first kill * G If a company uses a periodic inve X + X G https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fmybsc.bryantst... A G W3: CNECT - Connect Assignment 3 @ Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question ! Required information Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Part 1 of 3 Perpetual FIFO: Goods Purchased Cost of Goods Sold Inventory Balance Cost Cost Cost 20 Date # of units # of units sold per Cost of Goods per Sold # of units per Inventory Balance points unit unit unit January 1 175 at 10.00 = $ 1,750.00 January 10 January 20 Total January 20 January 25 Mc Graw Hill BO 7:02 PM O a W Sunny 9/25/2022* 5.1.pdf Question 1 - W3: CNECT - Conne X a Amazon.com : orphan first kill * G If a company uses a periodic inve X + X G https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fmybsc.bryantst... A G W3: CNECT - Connect Assignment 3 @ Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question ! Required information Part 1 of 3 Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Perpetual LIFO: Goods Purchased Cost of Goods Sold Inventory Balance 20 Date Cost Cost points # of units per # of units Cost of Cost sold per unit unit Goods Sold # of units per Inventory Balance unit January 1 175 at 10.00 = $ 1,750.00 January 10 January 20 Total January 20 January 25 Mc Graw Hill BO O a W 7:02 PM Sunny 9/25/2022