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Required Information [The following Information applies to the questions displayed below.] Laker Company reported the followng January purchases and sales data for Its only product. For specific Identlfication, ending Inventory consists of 250 units from the January 30 purchase, 5 unlts from the January 20 purchase, and 20 units from beginning Inventory. ssume the perpetual Inventory system is used. equired: 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. Answer is not complete. 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 weighted average. Note: Round cost per unit to 2 decimal places. Weighted Average LIFO \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow{2}{*}{\begin{tabular}{l} Date \\ January 1 \end{tabular}} & \multicolumn{2}{|c|}{ \# of units } & \multirow[t]{2}{*}{\begin{tabular}{|c|} Cost \\ per unit \\ \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} \# of units \\ sold \end{tabular}} & \multirow[t]{2}{*}{\begin{tabular}{|c|} Cost \\ per unit \\ \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} \begin{tabular}{c} Cost of Goods \\ Sold \end{tabular} \\ \end{tabular}} & \multicolumn{2}{|c|}{ \# of units } & \begin{tabular}{c} Cost \\ per unit \\ \end{tabular} & \multicolumn{3}{|c|}{ Inventory Balance } \\ \hline & & & & & & & & & 165 & at & $9.00 & = & $ & 1,485.00 \\ \hline January 10 & & & & 125 & at & s 9.00 & = & $1,125.00 & 40 & at & $9.00 & = & $ & 360.00 \\ \hline \multirow{2}{*}{ January 20} & 110 & at & $8.00 & & & & & & 40 & at & $9.00 & = & $ & 380.00 \\ \hline & & & & & & & & & 110 & at & $8.00 & = & & 880.00 \\ \hline Total January 20 & & & & & & & & & & & & & $ & 1,240.00 \\ \hline \multirow{2}{*}{ January 25} & & & & & at & $8.00 & = & $0.00 & & at & $9.00 & = & & \\ \hline & & & & & & & & & & & & & & \\ \hline \multicolumn{15}{|l|}{ Total January 25} \\ \hline \multirow{2}{*}{\multicolumn{15}{|c|}{ January 30}} \\ \hline & & & & & & & & & & & & & & \\ \hline Totals & & & & & & & & & & & & & & \\ \hline \end{tabular} FIFO LIFO >