Laker company reported the following January purchases and sales data for its only product.

Required information The following information applies to the questions displayed below. Laker Company reported the following January purchases and sales data for its only product. s Acquired at Cost Units sold at Retail 3an. 1 Beginning inventory140 units $6.00 Jan. 10 Sales 840 60 units $5.00300 81 100 units$15 80 units 15 an. 29 Purchase Jan. 25 Sales an. 30 Purchase 180 units$4.50 380 units Totals $1,950 180 units Required The Company uses a periodic inventory system. For specific identification, ending inventory consists of 200 units, where 180 are frorm 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 (e) specific identification, (b) weighted average, (d) FIFO, and (c) LIFO. Complete this questions by entering your answers in the below tabs Specific Id Weighted FIFO LIFO Average Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending invent 20 units, where 180 are frnm the 1.nuarv nurchase. S are from the Ianisarv 20 nirchase. and is are from , heninninn inventorv