Please find Specific ID, Weighted Average, FIFo, and LIFO
Com Help Seve El Su Chuchyword 6 Perta Required information Theorg Willies to the questi helow Company reported the following January purchases and sales data for only product. The Compass perpetual rettory wste For specic identification ending inventory consists of 200 units from the May 30 purchase. 5 units from the January 20 puchandni from being inventory e in $ . wita 23 3 F FI Puhe Sale char Tutas . S. 12.4 The Company uses prodiitory wtem for specific identification ending welcomes of 200 units from the ary 30 muchas its from the January 20 purch, and 25 units from beginning inventory Determine the cost assigned to ending Inventory and to cost of goods sold in a specific identification weighted average. (FIFO, and Complete this question by entering your answers in the tabs below. Spotid Weg FO LO Ave De the wond inventory and to concentration for specie dentication ending into consists of 200 units from the . 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 200 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. Units Acquired at Cost 150 units @ $ 7.50 Units sold at Retail $ 1,125 Date January 1 January 10 January 20 January 25 January 30 110 units @ $16.50 Activities Beginning inventory Sales Purchase Sales Purchase Totals 80 units $ 6.50 520 90 units @ $ 16.50 $ 6.00 - 200 units 430 units 1,200 $ 2,845 200 units me Company uses a periodic inventory system. For specific identification, ending inventory consists of 200 units from the January rchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. Determine the cost assigned to ending wentory and to cost of goods sold using (a) specific identification. (b) weighted average. (FIFO, and (LIFO