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Determine the cost assigned to ending inventory and to cost of goods soid using FIFO. etermine the cost assigned to ending inventory and to cost

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Determine the cost assigned to ending inventory and to cost of goods soid using FIFO. etermine the cost assigned to ending inventory and to cost of goods sold using uifo. Required information The following information applies to the questions displayed below] Laker Compary reported the following January purchases and sales dota for its only product For specific identification. ending inventory consists of 240 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning imventory Assume the perpetual inventory system is used: Required: 1. Complete the table to determine the cost assigned to ending inveritory and cost of goods sold using specificidentification. 2 Determine the cost assigned to ending imventory and to cost of goods sold using weighted average 2. Determine the cost assigned to ending imventory and to cost of goods sold using fifo. 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 pold using LiFO. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using woighted average: Notes Round cost per unit to 2 decimal places

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