Laker Company reported the following January purchases and sales data for its only product. Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals Units Acquired at Cost Units sold at Retail 140 units @ $6.00 = $ 840 100 units @ $ 15 60 units @ $5.00 = 300 80 units @ $ 15 180 units @ $4.50 = 810 380 units $1,950 180 units The Company uses a perpetual 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. 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 weighted average. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. (Round cost per unit places.) Specific Identification Cost of Goods Sold Available for Sale Ending Inventory Ending Ending Cost Per Inventory- Inventory- Unit Units Cost Unit Cost Units Sold Units COGS Unit Cost Activity Purchase Date 140 Jan. 1 Beginning inventory Purchase 60 Jan. 20 180 ces Purchase Jan. 30 $ 0 $ 0 0 0 380