Part 4 of 5 2 points Required Information (The following information applies to the questions displayed below] Laker 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 290 units from the January 30 purchase, 5 units from the January 20 purchase, and 20 units from beginning inventory. Date Book January 1 January 10 January 20 January 25 January 30 Activities Beginning inventory Units Acquired at Cost 195 unite $12.00 $2,340 Sales 155 units Units sold at Hetail . 5 21.00 Purchase Sales Purchase Totals 120 units 11.00- 290 units 10.50- 605 units 1,320 135 units $21.00 3,045 $ 6,705 290 unite Hin Print References The Company uses a periodic inventory system. For specific identification, ending inventory consists of 290 units from the January 30 purchase, 5 units from the January 20 purchase, and 20 units from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO Complete this question by entering your answers in the tabs below. Required information 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 290 units fre January 30 purchase, 5 units from the January 20 purchase, and 20 units from beginning inventory. a) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold of units Cost per unit Cost of Goods Available for Sale # of units sold Cost per unit Cost of Goods Sold Beginning inventory Purchases January 20 January 30 ces Total of units in ending Inventory Weighted Average > Ending Inventory Cost per unit Ending Inventory 15 The Company uses a periodic inventory system. For specific identification, ending inventory consists of 290 units from the January 30 purchase, 5 units from the January 20 purchase, and 20 units from beginning inventory. Determine the cost assigned to ending, inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) 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 weighted average. (Round cost per unit to 2 decimal places.) b) Weighted average - Periodic Cost of Goods Available for Sale Cost of Goods Sold Beginning inventory rences Purchases: January 20 January 30 Total of units Average Cost per unit Cost of Goods Available for Sale #of units sold Average Cost per Unit Cost of Goods Sold of units in ending Inventory Ending Inventory Average Cost per unit Ending] Inventory The Company uses a periodic inventory system. For specific identification, ending inventory consists of 290 units from the January 30 purchase, 5 units from the January 20 purchase, and 20 units from beginning inventory, Determine the cost assigned to ending. inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO Complete this question by entering your answers in the tabs below. Specific Id Weighted Average njo LIFO Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Hind e) Periodic FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Prot of units Cost per unit Cost of Goods Available for Sale of units sold Cost per unit Cost of Goods of units in Sold ending Inventory Cost per unit Ending Inventory O Beginning inventory Purchases January 20 January 30 Total Weighted Average LIFO > The Company uses a periodic inventory system. For specific identification, ending inventory consists of 290 units from the January 30 purchase, 5 units from the January 20 purchase, and 20 units from beginning inventory Determine the cost assigned to ending. inventory and to cost of goods sold using (a) specific identification, (b) weighted average. (c) FIFO, and (d) LIFO Complete this question by entering your answers in the tabs below. Specific Id Weighted Average PIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using LIFO Periodic LIFO Beginning inventory nces Purchases: January 20 January 30 Total Cost of Goods Available for Sale Cost of Goods Sold of units Cost per unit Cost of Goods Available for Sale of units sold Cost per unit Cost of Goods Sold 0 $