Laker Company reported the following January purchases and sales data for Its only product. Activities Units Acquired at Cost Date Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 3e Purchase 180 units @ $10.se $1,898 118 units 9.51,845 268 units $ 9.2,348 Units sold at Retail 148 units$19.5e 138 units $19.58 Totals 558 units $5, 275 270 units The Company uses a perpetual Inventory system. For specific Identification, ending Inventory consists of 280 units, where 260 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning Inventory Exercise 6-3 Perpetual: Inventory costing methods LO P1 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 welghted 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 Complete this questions by entering your answers in the below tabs. Required 1Required 2Required 3 Required4 Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) Weighted Average - Perpetual Inventory Balance #of Cost perunits Cost per Balance #of units Cost per Cost of Goods Inventory Date unit unit Sold unit sold January1 January 10 January 20 180 10.501,890.00 140 10.5051.470.00 40 10.50s 420.00 110 110 Average cost January 25 January 30 110 0 5 0.00 130 260 260 Totals 5 1,470.00 260 0 Required 1 Required 3 >