Paste Merge & Center $% D E G H M 1 c ACC 220 E Name 2 Laser Company reported the following January purchases and sales data for its only product. The company uses a periodic inventory system. Determine the cost assigned to ending inventory and to cost of goods sold using specificidentification, b) weighted average, FIFO, and (d) LIFO. 5 for convenimen, I have made a parate worksheet for each costing method (click on the tabs below) and repeated the purchases and sales data for your convenience. 6 Enter computed cost of Ending inventory in column L. Enter computed Cost of Goods Sold in column N. For specife Identification, ending inventory consists of 200 units 180 from the Jan. 30 purchase, 5 from the Jan 20 purchase, and 15 from beginning inventory 2 9 10 Goods purchased at Cost Units sold at Retail Specific identification Cost of Goods Sold 140 56.00 - $ 840.00 Ending Inventory 11 12 13 100 $15.00 1.Jon Beginning inventory 10 Jan Sale 20Jan Purchase 25-4an Sale 30-Jan Purchase 60 $5,00 300.00 80 515.00 15 16 180 $4.50 810.00 Goods available for sale 380 $ 1.950.00 180 20 21 22 23 24 25 20 27 2 23 31 32 13 34 Accounting 9 Merge & Center $ - % 9 xvf A B C D E G 1 M ACC 220 E Name Laker Company reported the following January purchases and sales data for its only product. The company uses a periodic Inventory system. Determine the cost assigned to ending inventory and to cost of goods sold using Gespecific identification, (h) weighted average, FIFO, and (d) LIFO. For convenience, I have made a separate worksheet for each costing method (click on the tabs below) and repeated the purchases and sales data for your convenience. Enter computed cost of Ending inventory in column L. Enter computed Cost of Goods Sold in column N. For specific Identification, ending Inventory consists of 200 units: 180 from the lan. 30 purchase, 5 from the Jan 20 purchase, and 15 from beginning inventory 0 Goods purchased at Cost Units sold at Retail Weighted average Cost of Goods Sold 140 $6.00 = 5840.00 Ending Inventory 11 12 13 100 $15.00 1.Jon Beginning inventory 10-Jan Sale 20-Jan Purchase 25-Jon Sale 30-1 an Purchase 60 $5.00 = 300.00 80 $15.00 180 $450 810.00 15 16 17 Goods available for sale 380 $ 1,950.00 160 Compute average cost 19 20 21 22 24 25 26 27 20 29 31 37 33 34 35 Merge & Center $ % 951 Formatting with N 0 E G H 1 -220 Name Company reported the following January purchases and sales data for its only product. company is a periodic inventory system. Determine the cost assigned to ending inventory and to cost of goods sold using pecific identification, bl weighted average, OPFO, and (d) LIFO. convenience, have made a separate worksheet for each costing method (click on the tabs below) and repeated the purchases and sales data for your convenience. e computed cost of Endinginventory in column L Enter computed Cost of Goods Sold in column specific identification, ending inventory consists of 200 units: 180 from the Jan. 30 purchase, Sfrom the Jan. 20 purchase, and 15 from beginning inventory Goods purchased at Cost Units sold at Retail FIFO Cost of Ending Inventory 140 56.00 - $ $40.00 Goods Sold 100 $15.00 Wan Beginning inventory 10- Sale 20-Jan Purchase 25-4an Sale 30-Jan Purchase 60 $5.00 - 300.00 80 $15.00 180 $4.50 810.00 Goods available for sale 380 5 1.950.00 180 1 2 24 25 27 20 11 32 3 X Calibri (Body) 11 00 Wrap Text Accounting BIU ilul M Merge & Center $ - % Con For 2 8 M N D G H ACC 220 E53 Name Laker Company reported the following January purchases and sales data for its only product. The company uses a periodic Inventory system. Determine the cost assigned to ending inventory and to cost of goods sold using aspecific identification, (b) weighted average, FIFO, and (d) LIFO. for convenience. I have made a separate worksheet for each costing method (click on the tabs below) and repeated the purchases and sales data for your convenience. Enter computed cost of Ending inventory in column L Enter computed Cost of Goods Sold in column N. For specific identification, ending inventory consists of 200 units: 180 from the Jan. 30 purchase from the Jan 20 purchase, and 15 from beginning inventory Goods purchased at Cost Units sold at Retail LIFO Cost of Goods Sold 140 $6.00 = $ 840.00 Ending Inventory 2 100 $15.00 1-Jan Beginning inventory 10-Jan Sale 20-1 an Purchase 25-lan Sale 30-Jan Purchase 60 $5.00 300.00 80 $15.00 180 $4.50 810.00 4 5 G 17 18 Goods available for sale 380 $ 1,950.00 180 20 21 22 21 24 25 26 27 28 29 10 31