FICO and LIFO HELP Please

Required information [The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product Units Acquired at Cost 205 units $13.00 = $2,665 Activities Units sold at Retail Date 1 Beginning inventory Jan 165 units @ $22.00 Jan. 10 Sales 140 units@ $12.00 Jan. 20 Purchase 1,680 145 units $22.00 Jan. 25 Sales 310 units@ $11.50 Jan. 30 Purchase 3,565 Totals 655 units $7,910 310 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 345 units, where 310 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 LIFO. Required information Cost per Date # of units # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance unit 205 @ $ 13.00 = $2,665.00 January 1 January 10 January 20 165 @ $ 13.00 = $2,145.00 140 @ $ 12.00 $ 12.00 = Average cost January 25 140 @ 140 @ 180 @ 180 @ 310 @ 490 @ 1,680.00 $1,680.00 $2,199.60 $2,199.60 3,565.00 $5,764.60 January 30 310 @ $ 12.22 = $ 12.22 = $ 11.50 $ 11.50 $ 11.50 Totals $2,145.00 Complete this questions by entering your answers in the below tabs. Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Perpetual FIFO Goods Purchased Inventory Balance Cost of Goods Sold Cost per Cost of Goods Cost per of Cost per unit # of units Inventory Balance Date of units units sold unit Sold unit January 1 S 13.00 205 2,865.00 January 10 165 S 13.00 = 40 S13.00 S 520.00 2,145.00 January 20 140 12.00 13.00 140 S 12.00 1,680.00 = S 1,880.00 s 520.00 January 25 $ 13.00 $13.00 0.00 40 @ s 960.00 S 12.00 145 S 12.00 1.740,00 80 = 1,740.00 1,480.00 s 520.00 January 30 $ 11.50 310 40 13.00 <_verermino no accianon to annunn inventory ann ct tonnnc coin ticino ai required information complete this questions by entering your answers in the below tabs. determine cost assigned ending and of goods sold using lifo. date perpetual lifo: purchased balance per units unit january tttt ttttt>