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! Required information [ The following information applies to the questions disployed below ] Laker Company reported the following Jonuary purchases and sales dato for
Required information
The following information applies to the questions disployed below
Laker Company reported the following Jonuary purchases and sales dato for its only product. Far specific identification, ending inventory consists of units from the January purchase, units from the January purchase, and units from beginning inventory.
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 speclfic identification.
Determine the cost assigned to ending inventory and to cost of goods sold using weighted overage.
Determine the cost assigned to ending inventory and to cost of goocs sold using FIFO.
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.
tabletableSprifieIdemificationtableWeightedAverageFifo,Lif,,,,,,,Determine the cost assigned to endinq inventory and to cost of coods pold uing FiFo.Porpotual Firo:DateGooda Purohacod,Gost of Boodic sold,Invantory Balanoe# of unite,tableCoctpor unittableFof unitecoldtableCoctper unittableCoct or Goodeoldfof units,,Invontory BalanooJanuary at$
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