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Laker Company reported the following january purchases and sales date for its only product. Plese See Attached Required information [ The following information applies to

Laker Company reported the following january purchases and sales date for its only product. Plese See Attached Required information [The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data forits only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 275 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory.Required infomation Complete this question by entering your answers in the tabs below.[The following information applies to the questions displayed below.]
Laker Company reported the following January purchases and sales data for its only product. For specific identification.
ending inventory consists of 275 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 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 spe ific identification.
Determine the cost assigned to ending inventory and to cost of goods sold using weighted 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 telow.
Specific
Identification
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