Help Save & Exit B 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. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 305 units, where 275 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. :55:39 Units Acquired at Cost Units sold at Retail 175 units @ $10.00 = $1,750 Date Activities Beginning Jan. 1 inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Dok 135 units @ $19.00 130 units @ $ 9.00 = 1,170 140 units @ $19.00 275 units @ $ 8.00 = 580 units 2,200 $5,120 Totals 275 units Required: Pietermine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (d) Complete this questions by entering your answers in the below tabs. Weighted Specific Id FIFO LIFO Required: 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. Complete this questions by entering your answers in the below tabs. -21 Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists of 305 units, where 275 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. a) Specific identification Cost of Goods Available for Sale Cost of Goods Sold # of units Cost per Cost of Goods Available for Sale # of units sold Cost per unit Ending Inventory # of units Cost Ending in ending Inventory inventory Cost of Goods Sold unit per unit Beginning inventory Purchases: Jan. 20 Jan. 30 Total Specific ld Weighted Average > Complete this questions by entering your answers in the below tabs. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) b) Average Cost Cost of Goods Available for Sale Cost of Goods Sold Average Average # of units Cost per unit Cost of Goods Available for Sale # of units sold Ending Inventory # of units Average in ending Ending Cost per inventory unit Inventory Cost of Goods Sold Cost per Unit Beginning inventory Purchases: Jan. 20 Jan. 30 Total 01 $ 0 Required: 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. Complete this questions by entering your answers in the below tabs. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Cost of Goods Sold c) FIFO Cost of Goods Available for Sale Cost of Goods # of units Available for unit Sale # of units sold Cost per Cost per unit Ending Inventory # of units Cost Ending in ending unit Inventory per inventory Cost of Goods Sold Beginning inventory Purchases: Jan. 20 Jan. 30 0 0 Total