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Check my w 1 boints Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) Loker

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Check my w 1 boints Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) Loker Company reported the following January purchases and sales data for its only product Date Activities Units Acquired at cost Units sold at Betal Jan. 1 Beginning inventory 210 units $13.50 . $2,8JS Jan. 10 Sales 160 units $22.50 Jan. 20 Purchase 150 units $12.50 1.875 Jan. 25 Sales 140 units # $22.50 Jan. 30 Purchase 320 units $12.00 -1,140 Totals 680 units $8,550 340 units look Hint Print The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 340 units, where 320 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory References Exercise 5-3 Perpetual: Inventory costing methods LO P1 Required: 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. Required 1 Required 2 Required 3 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. (Round cost per unit to 2 decir places.) Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Cost Per Ending Inventory Inventory Unit Units Coot Activity Purchase Date Unit Cost COGS Units Units Sold Unit Cost Jan. 1 Jan. 20 Jan. 30 Beginning inventory Purchase Purchase 2101 $13.50 150 $ 12.50 320 $ 12.00 680 $ 0 $ 0 0 Required Required 2 > Determine the cost assigned to ending Inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 de Weighted Average - Perpetual: Goods Purchased Cost of Goods Sold Cost per Cost of Goods unit Sold #of units Date # of units sold Cost per unit Inventory Balance # of units Cost per Inventory unit Balance 210 @ $ 13,50 $ 2,835.00 January 1 January 10 January 20 Average cost January 25 January 30 Totals

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