6 Required information The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product. 8 00:4424 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Salen Jan. 30 Purehase Totals Units sold at Units acquired at Coat Retail 140 units @ $6.00 - $ 840 100 units $15 60 unita $5.00 - 300 80 units $15 180 unite $4.50 - 810 380 units $1,950 180 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory 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. Weighted Specific Id Average FIFO LIFO 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 of units Cost Per sold Unit #of units Purchase Date Ending Inventory Ending Ending Cost Per Inventory Inventory Units Cost Cost Per Unit Activity COGS Unit 140 Jan. 1 Jan. 20 Jan. 30 Beginning inventory Purchase Purchase 60 180 380 Specific Weighted Average > The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. 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. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) Weighted Average - Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance # of # of Date Cost per Cost of Goods Cost per Inventory units units # of units unit unit Sold unit Balance sold January 1 140 @ $ 6.00 - $ 840.00 Cost per January 10 January 20 Average cost January 25 January 30 Totals Drou 6 of 6 Next 6 Required information 2. Determine the cost assigned to ending inventory and to COSE OF Youus 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. 0014:07 Complete this question by entering your answers in the tabs below. Weighted Average FIFO LIFO Specific Id Determine the cost assigned to ending Inventory and to cost of goods sold using FIFO. Perpetual FIFO: Goods Purchased Bof Cost per units unit Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold Inventory Balance Cost per # of units Inventory unit Balance 140 @ $ 6.00 - $ 840.00 Date January 1 January 10 January 20 January 25 + January 30 Totals LIFO >