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O Required information Use the following information for the Exercises 3.7 below. (Algo) (The following information apples to the questions displayed below) Loker Company reported

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O Required information Use the following information for the Exercises 3.7 below. (Algo) (The following information apples to the questions displayed below) Loker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending Inventory consists of 260 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. Date Activities Units Aquired at cont January 1 Units sold at Retaus Beginning inventory 170 units $9.50 - $ 1,615 January 10 Sales 130 units 5.18.50 January 20 Purchase 120 unita $ 8.50 - 1,020 January 25 Sales $ 18.50 January 30 Purchase 260 units $ 8.00 - 2.080 Totals 350 units 260 unita 130 units $4,715 Exercise 5-3 (Algo) Perpetual: Inventory costing methods LO P1 Required: 1. 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 weighted average 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. 4. 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. Weighted Specific Id Average FIFO LIFO Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Purchase Date Activity Cost Per Ending of units of units Cost Per Unit Unit sold COGS Inventory Ending Cost Per Unit Inventory. Cost

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