Part 1 of 2 Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. Date h etivities Units Aequired at cont Units sold at Retail points 200 unitse $12.50 - $2,500 160 units @ $21.50 an. Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 130 unitse $11.50 - 1,495 140 units $21.50 300 unitse $11.00 630 units Totals 3,300 57.295 300 units The Company uses a perpetual inventory system. For specific identification, ending Inventory consists of 330 units, where 300 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Exercise 5-3 Perpetual: Inventory costing methods LO P1 Required information 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 places.) Specific Identification Available for Sale Cost of Goods Sold Ending Ending Inventory Cost Ending Inventory. Per inventory Units Unit Cost Purchase Date Activity Unit Cost Units Units Sold unit Cost COGS Invent Jan. 1 Beginning inventory 200 12.50 11.50 Jan. 20 Purchase 130 $ Jan. 30 Purchase 300 11.00 0 630 $ 0 0 $ 0 Required 2 > Prey 9 10 of 10 Next > Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicat Required information Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decir 1 of 2 Weighted Average - Perpetual: Goods Purchased cost Date units per unit January 1 of of Cost of Goods Sold Cost per unit Goods Sold Cost #of units sold Cost of #of units Inventory Balance Cost per Inventory Balance unit @ 12.50 - $2,500.00 200 January 10 January 20 Average cost January 25 January 30 Totals Wildle cor Required information Cost of Goods Sold Inventory Balance Goods Purchased Cost # of per units per Date # of units Sold Cost per unit Cost of Goods # of units Cost per Inventory Balance unit Sold unit January 1 200 @ 12.50 = 2.500.00 January 10 January 20 January 25 January 30 Totals Required information Goods Purchased Cost Cost of Goods Sold # of units Cost Cost of sold unit Goods Sold # of units Inventory Balance Cost Inventory per Balance unit Date ber per # of units unit January 1 200 @ $12.50 2,500.00 January 10 January 20 January 25 January 30 Totals