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

!
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. For specific identification, ending inventory consists of 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory.
Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.
Specific Identification
Weighted Average
Note: Round cost per unit to 2 decimal places.
Weighted Average - Perpetual:
\table[[Date,Weighted Average - Perpetual:,Inventory Balance],[Goods Purchased,Cost of Goods Sold],[# of units,\table[[Cost per],[unit]],\table[[# of units],[sold]],\table[[Cost per],[unit]],\table[[Cost of Goods],[Sold]],# of units,Cost per unit,Inventory Balance],[January 1,,,,,,,225,at,15.00,=,$,3,375.00
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