ernal browser & launchurisht 253A%252F%252Fimmeducation.com 6 Homework Assignment Loker Company reported the following January purchases and sales data for its only product Ativa UNIT Acquedat coat Jan. 1 Beginning inventory 355 8.00 = $1,240 Jan. 10 Sales 115 units 417.00 Jan. 20 Purchase 90 unice 67.00 - 630 Jan. 25 Sales 95 tits 17.00 Jan. 30 Purchase 210 units E6.50 -1.365 Totals 455 unite The Company uses a perpetual inventory system for specific identification, ending inventory consists of 245 units, where 210 are from the January 30 purchase, 5 are from the January 20 purchase, and 30 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 UFO Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 | Determine the cost assigned to ending Inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places.) Perpetual to: Goods Petshined Cost of Goods Cost pe Cost of Goods BE Cost per thate Cost per sol Sold January 1 155 5 800 Balance $ 1.240.00 115 5 8001 - $ 900.00 $32000 January 10 January 20 sole $7.00 $ 1.00 8.00 57.00 sole S320.00 630.00 $ 950.00 January 25 5 800 5.800 $7.00 0.00 0.00 2 e January 30 TE Required (PTY 23 of 14 here to search 11 KNE e ernal browser & launchurisht 253A%252F%252Fimmeducation.com 6 Homework Assignment Loker Company reported the following January purchases and sales data for its only product Ativa UNIT Acquedat coat Jan. 1 Beginning inventory 355 8.00 = $1,240 Jan. 10 Sales 115 units 417.00 Jan. 20 Purchase 90 unice 67.00 - 630 Jan. 25 Sales 95 tits 17.00 Jan. 30 Purchase 210 units E6.50 -1.365 Totals 455 unite The Company uses a perpetual inventory system for specific identification, ending inventory consists of 245 units, where 210 are from the January 30 purchase, 5 are from the January 20 purchase, and 30 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 UFO Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 | Determine the cost assigned to ending Inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places.) Perpetual to: Goods Petshined Cost of Goods Cost pe Cost of Goods BE Cost per thate Cost per sol Sold January 1 155 5 800 Balance $ 1.240.00 115 5 8001 - $ 900.00 $32000 January 10 January 20 sole $7.00 $ 1.00 8.00 57.00 sole S320.00 630.00 $ 950.00 January 25 5 800 5.800 $7.00 0.00 0.00 2 e January 30 TE Required (PTY 23 of 14 here to search 11 KNE e
