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Answer them all Required information [The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data for
Answer them all
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. The Company uses perpetual inventory system for specific identication, ending inventory cons of 200 units from the January 30 purchase 5 units from the January 20 purchase, and 25 from beginning inventory UNICO wry1 Beginning inventory 150 LEI 7.- 11,125 Jan 10 11 unit 16. January 20 Purchase units 56.1 - 52 25 Sales its $10.50 January Purchase 200 units 15.00 Totals 43 nits S. ti 1.200 Required: 1. Complete the table to determine the cost osigned to ending inventory and cost of oos diecie identification 2. Determine the cost signed to ending inventory and to cost of goods soldung weighted average 3. Deline the cost assigned to ending inventory and to cost of goods sold RFO 4. Determine the cost signed to ending inventory and to cost of 9000 told using LIFO Complete this question ly maturing your answers in the tabs below Wed TIPO UFO Once the title to determine the signed to ending inventory and cost of goods and inspectic cation 000 Ending inventory Cat Mit COGS Inry Coate the dury Cool Beginning Path 20 10 10 0 200 40 Weiging > re 1. Complete the table to determine the cost signed to ending inventory and cout of goods told using specific identification 2. Determine the cost signed to ending inventory and to cost of goods sold using weighted average 3. Determine the cost signed to ending inventory and to cost of goods sold using Pro 4. Determine the cost ugned to ending inventory and to cost of goods told using LIFO Complete this question by entering your answers in the tabs below. Sofield Weighted FIFO Liro Determine the cost assigned to ending inventory and to cost of goods sold using weighted average round cont pe it to 2 decimale) entory Coupero sold Coster Cost of Goods Sold Coupe 1505 10 750 - 5 1.125.00 January 20 Ary 20 ay yo wong welchted average to ending vertory and to cost of goods sold in FIFO 4. Determine the cost assigned to ending inventory and to cost of goods soldung UFO Complete this question by entering your answers in the tabs below Soeteld Weighted Average PIRO LIFO Determine the cost assigned to ending inventory and to cont of goods sold in FFO. Costos son funts Cor Cost of Goods Sold Sold Imetys C D Inry 150 1750 5 1.125.00 19 January Try 20 ausy Toys wy To Sy weranted average 10 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. Specificid Weighted Average FIFO 990 Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. PerpalLIFO Goods Purchased Costot oods Sold Inventory Balance Cost per of units Cost per Cost of Goods unt sold of its Sold Inventory Blace unit January 150 at $ 750 3 1.125.00 Cost per January 10 January 20 Total January 20 Jucary 25 Total January 25 ary 30 Total Step by Step Solution
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