omework E6-3 i F%252Flms.mheducation.com%252Fmghmiddlem Saved Help The following information applies to the questions displayed below] Laker...

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omework E6-3 i F%252Flms.mheducation.com%252Fmghmiddlem Saved Help The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. Date Jan. Jan. 20 Activities Beginning inventory Units Acquired at Cost 140 units @ $6.00 $ 840 Units sold at Retail Jan. 16 Sales 100 units @ $15 Purchase 60 units @ $5.00- 300 Jan. 25 Sales Jan. 30 Purchase 80 units @ $15 Totals 180 units @ $4.50- 380 units 810 $1,950 180 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 are from beginning inventory. 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. Norton Your spa Norton Google Ch Pray 1 of 1 Next Instal omework E6-3 i F%252Flms.mheducation.com%252Fmghmiddlem Saved Help The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. Date Jan. Jan. 20 Activities Beginning inventory Units Acquired at Cost 140 units @ $6.00 $ 840 Units sold at Retail Jan. 16 Sales 100 units @ $15 Purchase 60 units @ $5.00- 300 Jan. 25 Sales Jan. 30 Purchase 80 units @ $15 Totals 180 units @ $4.50- 380 units 810 $1,950 180 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 are from beginning inventory. 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. Norton Your spa Norton Google Ch Pray 1 of 1 Next Instal