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Required information Skip to question [ The following information applies to the questions displayed below. ] Laker Company reported the following January purchases and sales

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[The following information applies to the questions displayed below.]
Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 250 units from the January 30 purchase, 5 units from the January 20 purchase, and 20 units from beginning inventory.
Date Activities Units Acquired at Cost Units sold at Retail
January 1 Beginning inventory 165 units @ $ 9.00= $ 1,485
January 10 Sales 125 units @ $ 18.00
January 20 Purchase 110 units @ $ 8.00=880
January 25 Sales 125 units @ $ 18.00
January 30 Purchase 250 units @ $ 7.50=1,875
Totals 525 units $ 4,240250 units
Assume the perpetual inventory system is used.
Required:
Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.
Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.
Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.
Determine the cost assigned to ending inventory and to cost of goods sold using LIFO.

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