O Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) Loket Company reported the following January purchases and sales data for its only product Date Activities Units Acquired at Cost Units sold at Retail Jan 1 Beginning inventory 140 units 56.00 - $ 840 Jan. 10 Sales 100 units $15 Jan. 20 Purchase 60 units $5.00 - 300 Jan. 25 Sales 30 units $15 Jan. 30 Purchase 150 units @ $4.50 010 Totals 380 units $1,950 150 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 ore from beginning inventory Exercise 5-3 Perpetual: Inventory costing methods LO P1 Required: 1. Complete the table to determine the cost ossigned to ending inventory and cost of goods sold using specific identification 2. Determine the cost ossigned 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 UFO Complete this question by entering your answers in the tabs below. Required Regred2 Read 3 required 4. Determine the cost Oy Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification, (Round cost per unit to 2 decimal places) Specific Identification Available for Sale Unit Cost of Goods Sold Ending Inventory Ending Units Ending Cost Per Unit Cost Inventory COGS Inventory Sold Unit Units Cost Purchase Date Activity Units Cost dan 1 Jan 20 Jan 30 Beginning inventory Purchase Purchase 140 60 180 380 0 0 5 $ 0 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) Weighted Average - Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance # of Cost per of Date Cost per Cost of Goods Cost per Inventory unit unit January 1 140 $ 6.00 $ 840.00 January 10 January 20 units units sold unit Sold of units Balance Average cost January 25 January 30 Total Required 1 Required 2 Required) Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per unit to 2 decimal places.) Perpetual FIFO Date Goods Purchased #ot units unit Cost per Cost of Goods Sold of units Cost per cost of Goods sold unit Sold Inventory Balance of units Cost per Inventory unit Balance 1440 $ 600 $ 840.00 January January 10 January 20 January 25 January 30 Tistas Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places.) Perpetual LIFO: Goods Purchased # of Cost per units unit Cost of Goods Sold #of units Cost per Cost of Goods sold unit Sold Date Inventory Balance Cost per Inventory #of units unit Balance 140 $ 600 $840.00 January 1 January 10 January 20 January 25 Januay 30 Totals