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Laker Company reported the following January purchases and sales data for its only product. The Company uses a periodic 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 are from beginning inventory Date Activities Units Acquired at Cost Units sold at Retail Jan. 1 Beginning inventory 140 units @ $6.00 - $ 840 Dan. 10 Sales 100 units @ $ 15 Jan. 20 Purchase 60 units @ $5.00 - 300 Jan. 25 Sales 80 units @ $ 15 Jan. 30 Purchase 180 units @ $4.50 = 810 Totals 380 units $1,950 180 units Required: Determine the cost assigned to ending Inventory and to cost of goods sold using (a) specific Identification. (b) weighted average, ( FIFO, and (d) LIFO. Complete this question by entering your answers in the tabs below. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. 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 are from beginning inventory. a) Specific identification Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods Cost per # of units Available for unit Sale # of units Cost per sold unit Cost of Goods Sold # of units in ending inventory Cost per unit Ending Inventory Beginning inventory 140 S 6.00 S 840 Purchases Jan. 20 300 60 $ 5.00 180 S 4.50 Jan. 30 810 Total 380 S 1,950 0 S 0 0 $ 0 s spectie tu Weighted Average >