pters 4,5,6) 0 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals Units Acquired at Cost Units sold at Retail 200 units @ $12.50 = $2,500 168 units @ $21.50 130 units @ $11.50 = 1,495 140 units @ $21.50 300 units @ $11.99 3,300 630 units $7,295 300 units Exercise 5-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 330 units, where 300 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Determine the cost assigned to ending Inventory and to cost of goods sold using a specific identification, (o) weighted average. (FIFO, and ( LIFO Complete this questions by entering your answers in the below tabs. WE