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Laker Company reported the following January purchases and saies data for its only product. The Company uses a perpetual inventory system. For specific identification, ending

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Laker Company reported the following January purchases and saies data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 300 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. 1e Company uses a periodic inventory system. For specific identification, ending inventory consists of 300 units from the January 30 urchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. Determine the cost assigned to ending ventory and to cost of goods sold using (a) specific identification, (b) weighted overage, (c) FIFO, and (d) LIFO. 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 specifc identifcation. For specinc identincation, ending inventory co January 30 purchase, 5 units from the january 20 purchase, and 25 units from beginning inventory

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