practice exam questions , help would be really appreicated and returned with a thumbs up!! thanks in advance

h 5-8 (1 attempt, do not open until ready) +%252Fm meducation.com 252Fmiddex22product2 Help Save 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. Unitasold at Retail 140 units $19.50 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals Units Aequired at Cost 180 unitae $10.50 - $1,890 110 units@ $ 9.50 - 1,045 260 unita $ 9.00 - 2,340 550 units $5,275 130 units @ $19.50 270 units The Company uses a perpetual Inventory system. For specific identification, ending inventory consists of 280 units, where 260 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 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. Complete this question by entering your answers in the tabs below. Required 4 Required 3 Required 2 Required 1 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 Next > Next > 10 of 11 Help 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 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. Required 1 Required 2 Required 3 Required 4 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 Cost of Goods Sold Inventory Balance Cost per # of units # of units Date Cost per unit # of units sold Cost per Cost of Goods unit Sold Inventory Balance unit 180 @ $ 10.50 - $ 1,890.00 January 1 January 10 January 20 Average cost January 25 January 30 Totals Required 3 > 10 of 11 : h 5-8 (1 attempt, do not open until ready) +%252Fm meducation.com 252Fmiddex22product2 Help Save 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. Unitasold at Retail 140 units $19.50 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals Units Aequired at Cost 180 unitae $10.50 - $1,890 110 units@ $ 9.50 - 1,045 260 unita $ 9.00 - 2,340 550 units $5,275 130 units @ $19.50 270 units The Company uses a perpetual Inventory system. For specific identification, ending inventory consists of 280 units, where 260 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 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. Complete this question by entering your answers in the tabs below. Required 4 Required 3 Required 2 Required 1 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 Next > Next > 10 of 11 Help 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 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. Required 1 Required 2 Required 3 Required 4 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 Cost of Goods Sold Inventory Balance Cost per # of units # of units Date Cost per unit # of units sold Cost per Cost of Goods unit Sold Inventory Balance unit 180 @ $ 10.50 - $ 1,890.00 January 1 January 10 January 20 Average cost January 25 January 30 Totals Required 3 > 10 of 11