Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO.

from the estate. Laker Company reported the following January purchases and sales data for its only product Exercise 5-3 Perpetual: Inventory costing methods P1 Units Sold Units Acquired at Cost 140 units $6.00 $ 840 60 units @ $5.00300 180units @ $4.50 = 810 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 100 unitss 80 units$15 .. Totals 380 units $1,950 180 units Required The company uses a perpetual inventory system. Determine the cost assigned to ending inventory and to t of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. (Round per unit costs and inventory amounts to cents.) For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. k Ending inventory $930 WA, $918 ise 5-4 Use the data in Eve rcico s