Check my werk 1 1 of 2 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 perpetual Inventory system. For specific identification, ending inventory consists of 210 units from the January 30 purchase, 5 units from the January 20 purchase, and 30 units from beginning inventory Date Activities Units Acquired at Cost Units sold at Retail January 1 Beginning inventory 155 units @ 8.00 $ 1,240 January 10 Sales 115 units $ 17.00 January 20 Purchase 90 units $7.00 - 630 January 25 Sales 95 units $ 17.00 January 30 Purchase 210 units $ 6.50 1,365 455 units Totals $ 3,235 218 units co Font Print ferences 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. montering your answers in the tabs below. wory WLL youus ou using Lir. Complete this question by entering your answers in the tabs below. LIFO Weighted Specific Id Average FIFO Complete the table to determine the cost assigned to ending Inventory and cost of goods sold using specirle identification Specifio Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Cost Per Una Inventory Cust Purchase Date of units Cost Per Unit Ending inventory Units COGS Activity sold January 1 January 20 January 30 Beginning inventory Purchase Purchase Cost Per of units Unit 155 $ 8.00 90 $ 7.00 2107 $ 6.50 455 0 5 $ O 0 0 Weighted Average > S 2 of 5 Next > Complete this question by entering your answers in the tabs below. 2 of 2 Specific id Weighted FIFO Average 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 lane Date Cost per of units #of units Cost per Cost of Goods of units sold Coupornit Inventory lane unit Sold 1551 January 1 1.24000 8.000 unit ant ances 115 at January 10 90 a $ 7.00 7.00 January 20 905 90 6.30.00 630.00 $ Average cost January 20 January 25 95 at 1.365.00 210 at $ 6.50 6.50 2105 210) January 30 Totals FIFO >