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connect.html ork (The following information applies to the questions displayed below Laker Company reported the following January purchases and sales data for its only product

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connect.html ork (The following information applies to the questions displayed below Laker Company reported the following January purchases and sales data for its only product an 1 Beginning inventory175 unitse s1. an. 1 Sales Jan. 20 Purchase Jan. 25 Sales $1,758 138 units $9.1,170 25e units $ 8.52-125 135 units $19.00 140 units $19.00 275 units an. 30 Purchase Totals sss units $5,045 The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 280 units, where l 250 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory ercise 5-3 Perpetual: Inventory costing methods LO P1 quired: Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification Determine the cost assigned to ending inventory and to cost of goods sold using weighted average etermine the cost assigned to ending inventory and to cost of goods sold using FIFO Determi 912 101 G H K L MH

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