Laker Company reported the following January purchases and sales data for its only product. For specific identification,

ending inventory consists of $236$ units, where $180$ are from the January $30$ purchase, $5$ are from the January $20$ purchase,

and $51$ are from beginning inventory.

Required:

Assume the periodic inventory system is used. 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 question by entering your answers in the tabs below.

Weighted

Average

Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.

Note: Round cost per unit to $2$ decimal places

I need help solving for weighted avereage, LIFO, and FIFO