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Chec 3 D Part 1 of 3 0.75 points Required information [The following information applies to the questions displayed below) Laker Company reported the following

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Chec 3 D Part 1 of 3 0.75 points 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 a periodic 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 Units sold at Activities Units Acquired at Cost Retail Jan. 1 Beginning inventory 140 units @ $6.00 - $ 840 Jan. 10 Sales 100 unitse $15 Jan. 20 Purchase 68 units@ $5.00 Jan. 25 Sales *go unitse $15 180 units@ $4.50 380 units Date Book 300 Hint Jan. 30 Purchase Totals 810 $1,95 Print 180 units References 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. Specific Id Weighted 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 Ending Inventory # of Cost Per Ending Purchase Date not Activity Ending Cot Por units Cost Per Unit units COGS Unit Inventory Inventory. Unit sold Units Cost Jan. 1 Beginning inventory 140 Jan. 20 Purchase 60 Jan. 30 Purchase 180 380 0 $ 0 0 0 Spec Weighted Average >

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