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Use the following information for the Exercises below. (Algo) The rollowing informintion applies to the questions disployed botow? Laker Company reported the following January purchases and sales data for its only product for specific identification. ending inventory consists of 224 units, where 180 ate from the January 30 purchase, 5 are from the January 20 purchase. and 39 are from beginning inventory. Exercise 5-3 (Algo) Periodic: Inventory costing methods LO P1 Required: Required: Assume the periodic inventory system is used. Determine the cost assigned to ending inventory and to cost of goods sold using (of) specific identification, (b) weighted average, (C) FiFO, and (C) LIFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of poods sold using specific identincation. For specife identification, ending inventory consist are from the January 30 purchase, 5 are from the January 20 purchase, and 39 are from beginning inventory. Complete this questian by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using LFO. Required: Required: Assume the periodic inventory system is used. Determine the cost assigned to ending imentory and to cost of goods sold using (a) specific identification, (b) weighted owerege, (C FIFO, and (C) LIFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending imventory and to cost of gocds sold using weighted averago. st assigned to ending inventory and to cost of goods sold using specific identifation. For specific identification, ending inventory consists of 224 units, where 180 pary 30 purchase, 5 are from the lanuary 20 purchase, and 39 are from beginning inventory. Required: Assume the periodic inventory system is used. Determine the cost assigned to ending imventory and to cost of goods sold using (d) ipecific identification, (b) weighted average, (c) FiFO, and (C) LIFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using fifo. Required: Assume the periodic inventory system is used. Determine the cost assigned to ending inventory and to cost of goods sold using (o) specific identification, (b) weighted average. (c) FIFO, and (c) LiFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists 0 are from the January 30 purchase, 5 are from the January 20 purchase, and 39 are from beginning inventory

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