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Check my word [The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only

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Check my word [The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product Units Aequired at Cost 235 units@ $16.00 - $ 3,760 Units sold at Retail 185 units $25.00 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totala 180 units@ $15.00 - 2,700 200 units $25.00 370 units $14.50 - 785 units 5,365 $11,825 385 units The Company uses a perpetual Inventory system. For specific identification, ending inventory consists of 400 units, where 370 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. 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 questions by entering your answers in the below tabs. Required 1 Required 2 Required 3 Required 4 Required information 2. Determine the cost assigned to ending inventory and to cost or 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 questions by entering your answers in the below tabs. 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. Specific Identification Available for sale Cost of Goods Sold Purchase Date Ending Inventory Ending Ending Cost Per Inventory Inventory Unit Units Cost Activity Unit Cost Units Units Sold Unit Cost COGS 235 Jan. 1 Jan. 20 Jan. 30 Beginning inventory Purchase Purchase 180 370 785 Required 2 > Che Required information Required 1 Required 2 Required 3 Required 4 Eost per 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 Date # of Cost per Cost of Goods Cost per units units Inventory unit # of units Sold sold unit Balance January 1 $ 16.00 - $3,760.00 January 10 January 20 unit 235 e Average cost January 25 January 30 Totals

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