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Laker Company reported the following January purchases and sales 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 sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory Units sold at Retail Date January 1 January 10 January 20 January 25 January 30 185 units $ 25.00 Activities Beginning inventory Sales Purchase Sales Purchase Totals Units acquired at Cost 235 unito e $ 16.00 $ 3, 760 180 units # $ 15.00 - 2,700 385 unito $13.00 - 5,005 800 units $ 11,465 200 units $ 25.00 385 units 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. 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

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