Laker Company reported the following January purchases and sales data for its only product Units sold at Units Acquired at Cost Activities Retail Date 1 Beginning inventory 140 units $6.00= s 840 Jan 100 units $15 Jan. 10 Sales 60 units $5.00= Jan. 20 Purchase 300 80 units $15 Jan. 25 Sales 180 units $4.50 810 Jan. 30 Purchase 180 units 380 units $1,950 Totals Exercise 5-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. 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. Weighted Average Specific Id FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. d) LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods of units in onding # of units sold Cost per unit Cost Cost of Goods Sold Cost Ending Inve ntory #of unitsper unit Available for per unit Sale inventory Beginning inventory $ 140 6,00 840 Purchases: Jan, 20 60 5.00 300 Jan. 30 180 4,50 810 380 1,950 0 0 0 0 Total