"Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. Required: 2. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average."

Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.

Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO.

Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. Reguired: 2. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. 3. Determine the cost assigned to ending inventorv and to cost of goods sold using FIFO. \begin{tabular}{|l|l|r|r|r|r|r|r|} \hline & \multicolumn{1}{|c|}{ Activities } & \multicolumn{3}{c|}{ Units Acquired at Cost } & \multicolumn{3}{c|}{ Units Sold at Retail } \\ \hline & Units & Costperunit & Total cost & Units & Sellingpriceperunit & Total Sales \\ \hline January 01 & Beginning inventory & 240 & $16.50 & $3,960.00 & & & \\ \hline January 10 & Sales & & & & 190 & $25.50 & $4,845.00 \\ \hline January 20 & Purchase & 170 & $15.50 & $2,635.00 & & & \\ \hline January 25 & Sales & & & & 190 & $25.50 & $4,845.00 \\ \hline January 30 & Purchase & 380 & $15.00 & $5,700.00 & & & \\ \hline & Total5 & 790 & & $12,295.00 & 380 & & $9,690.00 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline Perpetual FIFO & \multicolumn{3}{|c|}{ Cost of Goods Sold - Jan 10} & \multicolumn{3}{|c|}{ Cost of Goods Sold - Jan 25} & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline Units available & Units & Costperunit & Costofgoodssold & Units & Costperunit & Costofgoodssold & Units & Costperunit & Inventory \\ \hline 240 units from beginning inventory & & $16.50 & & & $16.50 & & & $16.50 & \\ \hline 170 units purchased on January 20 & & $15.50 & & & $15.50 & & & $15.50 & \\ \hline 380 units purchased on January 30 & & $15.00 & & & $15.00 & & & $15.00 & \\ \hline Totals & 0 & & $0.00 & 0 & & $0.00 & 0 & & $0.00 \\ \hline \end{tabular} Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. 4. Determine the cost assigned to ending inventorv and to cost of goods sold using LIFO