Check my work 12 Part of 2 0.68 points Required information Use the following Information for the Exercises 3-7 below. (Algo) 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 380 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory Date Active Units acquired at Cost Units soldats January 1 Beginning inventory 240 units @ $ 16.50 $3.960 January 10 Sales 200 units 5 25.50 January 20 Purchase 170 units @ $15.50 = 2.835 January 25 Sales 190 units 5 25.50 January 30 Purchase 300 units 15.00 5,700 Totals 790 units 5 12.295 380 units con ce Exercise 5-3 (Algo) Perpetual: Inventory costing methods LO P1 Desert Me Gr Hil Exercise 5-3 (Algo) Perpetual: Inventory costing methods LO P1 art 1 of 2 Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification 2. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. 58 co Complete this question by entering your answers in the tabs below. Specific lo Weighted FIFO LIFO Average Complete the table to determine the cost ansigned to ending Inventory and cont of goods sold uning specific identification Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Purchase Date Cost Per Ending Ending Activity of units of units Cost Per Unit COGS Cost Per Unt Unit Inventory sold Line Inventory.com Check my w 12 Required info Part of Weighted Spected HIPO LIVO Average Complete the table to determine the cost signed to ending inventory and cost of goods sold in een 068 Available for Sale Purchase Date Cool Goods Sold of units Cost Per Unit COGS Cote finding over Cost Per Unit Ending totary Cou of units Jawy 1 Jawy 20 Saray 30 Activity Beinventory Purchase Purch 2001 s 1650 1701 5 1550 os 1500 790 15.00 303 10 5700 5.700 0 5 o 5 Weighted Average Check my work 12 Required information Determine the cast assigned to ending inventory and to cost of goods sold using weighted average (Round cost per un to 2 decimal Part 1 of 2 Weighted Art Prostal: Goods Purchase Cost of Goods Sold Cost per of units Cost per Cast of Goods of units unit sold unit Sold Inventory Ban 0.68 De of units Cost per points January 1 240$ 16 50 $ 3.960.00 Jarrury 10 January 20 Average cost January 20 January 25 January 30 Totals Ch 5: Homework Help Save & E Check my work 12 Required information sold unit Sold Part 1 of 2 Juruwy 1 240 at $16.50 - $ 3.960.00 January 10 1.68 oints January 20 Total January 20 he January 25 Total January 25 January 30 Totals Check my w 12 Required information Jary 1 2001 516 - $ 300.00 Part of Jary 10 068 point January 20 Total Januwy 20 January 25 Total January 25 January 30 Total