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homework Saved Help Save & Exit Submit [The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product Unst Aquired at Cost 215 unt 124.00 $3,020 Unite sold at Retail 265 units $23.00 Date Rotivities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totais 160 unito 913.00 = 2.000 190 units $23.00 330 $12.50 229 TO USE 29.225 355 The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 350 units, where 330 are from the January 30 purchase. 5 are from the January 20 purchase, and 15 are from beginning inventory Required: 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 ot 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 Complete this question by entering your answers in the tabs below. Saved 350 m Jahudiy s plast, die Jay Z, DE WEY YWIVRO Help Save & Exit Sut Required: 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 RIFO. 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required Determine the cout assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to z decimal aces) Weighted Average Perpetual Good Purchased sol Date Cost per unit unit #ol units sold Cost of Goods Sold Cost per Cost of Goods Sold Inventory Balance Cost per Inventory # of units Balance Haly 1 5301000 2150 S 400- solar Jan 10 110 as 14001 1.000 Required information complete this question by entering your answers in the raos berow. 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 to 2 decimal places.) Specific Identification Available for Sale Purchase Date Activity Units Unit Cott Jan 1 Jan 20 Jan 30 Beginning inventory Purchase Purchase 215 5 1400 150 5 13.00 330 5 1250 705 Cost of Goods Sold Ending Inventory Units Ending Ending Sold Unit Cout Cost Per Inventory COGS Unit Inventory Units Cost 2001 5 1400 5 2800 1515 14.00 s 210 155 S 1300 $ -2015 65 13005 55 330 5 120 5 4 124 355 $ 350 5 fied >> Next > Required information Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places. Weighted Average - Perpetual: Goods Purchased Date Cost per Hof units Cost of Goods Sold Cost per Cost of Goods unit Sold of units told unit BOOK January 1 January 10 1401 14.00 $ 1.960.00 Inventory Balance Cost per of units Inventory unit Balance 215 @ $ 14.00 $ 3.010.00 50 es 14005 700.00 500 $ 1400 = $ 700.00 160 $ 1300 2080.00 210 @ $ 2.780.00 January 20 160 5 13 00 Average cost January 25 January 30 Total $1960.00 Saved Help Save & Exit Sub Required information Perpetual FIEO: Goods Purchased Hof units unit Cost of Goods Sold Cost per Cost of Goods unit Sold Date Cost per of units sold Inventory Balance of units Cost per Inventory unit Balance 215 @ $ 14.00 = $ 3.010 00 January 1 January 10 January 20 January 24 January 30 Saved Help Save & Exit Submit Required information Date of units Cost per unit #ol units sold cost per cost of Goods unit Sold #of units Cost per unit Inventory Balance $ 3,010 00 January 1 2151 $14.00 January 10 January 20 January 25 January 30 Totals