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Perpetual LIEO. inte 20 pel Cost of Goods Sol COS of units por Costol Good Sol January 152 56.00 5 91200 January 10 January 20

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Perpetual LIEO. inte 20 pel Cost of Goods Sol COS of units por Costol Good Sol January 152 56.00 5 91200 January 10 January 20 January 25 January 25 Joints January 30 180 . @ $450 > 5450 Totals (FIFO LO Use the following information for the Exercises 3-7 below. (Algo) (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 periodic inventory system. For specific identification, ending inventory consists of 224 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 39 are from beginning inventory activities Units Acquired at cost Units sold at Retail Jan. 1 Beginning inventory 152 units @ $6.00 - $ 912 Jan. 10 Sales 88 units $15.00 Jan. 20 Purchase 72 units @ 55.00 360 92 units @ $15.00 180 units@ $4.58 - $2,882 180 units Date Jan. 25 Sales Jan. 30 Purchase Total 810 404 units Exercise 5-5A (Algo) Perpetual: Inventory costing LO P3 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. Answer is not complete. 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 uro. Perpetual LIFO: Goods Purchased Cost #of por units unit Cost of Goods Sold Cost # of units Cost of sold per unit Goods Sold Inventory Balance Cost per Inventory Balance unit Date of units Prev 1 of 3 Next > 4 DOME Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Perpetual LEO Costol Goods Sold Dame #al Cool of units units Costol per sold Unit units Goods Sold January 1 152 @ Invey Balance unit 5600 5 91200 January 10 January 20 January 25 Required information January 25 January 30 180 54 50 @ 5450 Totals

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