Laker Company reported the following January purchases and sales data for its only product. For specific identification. ending Inventory consists of $210$ units from the January $30$ purchase, $5$ units from the January $20$ purchase, and $30$ units from beginning inventory.

Assume the perpetual Inventory system is used.

Required:

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.

Determine the cost assigned to ending Inventory and to cost of goods sold using FIFO.

Determine the cost assigned to ending Inventory and to cost of goods sold using LIFO.

Complete this question by entering your answers in the tabs below.

Spanelic Ideritilication

Weighted

FIFO

LIFO

Determine the cost assigned to ending inventory and to oost of goods sold using FIFO.

$\backslash$table$[[$Perpetual FIFO:$],[\backslash$table$[[$Date$],[$January $1]],$Goods Purishased,Cost of Goods Sold,Inventory Balance$],[$# of units,$\backslash$table$[[$Cost$],[$per unitit$]],\backslash$table$[[$Ef units$],[$sold$]],\backslash$table$[[$Cost$],[$per unit$]],\backslash$table$[[$Cast of Goods$],[$Sold$]],$ of units,$\backslash$table$[[$Cost$],[$per unit$]],$Inventory Balance$],[,,,,,,155,$at$,5,8\mathrm{.}00,=,5,1,240\mathrm{.}00$