! 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 180 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Date January 1 January 10 January 20 January 25 January 30 Specific Id Total Activities Beginning inventory Sales Purchase Sales Purchase Totals Beginning inventory Purchases January 20 January 30 Weighted Average FIFO Complete this question by entering your answers in the tabs below. Units Acquired at Cost @ $ 6.00 = @ LIFO 140 140 units 60 180 380 60 units 180 units 380 units $ Cost of Goods Available for Sale Average Cost of Goods # of units Cost per Available for unit Sale The Company uses a periodic inventory system. For specific identification, ending inventory consists of 180 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. @ Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. Note: Round cost per unit to 2 decimal places. b) Weighted average - Periodic 840 $ 5.00 = 300 810 1,950 $ 4.50 = # of units sold 80 units 180 units @$15 @$15 Ending Inventory # of units Average in ending Cost inventory per unit Ending Inventory 200 $ 5.13 $ 1,026

Required informotion 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 consisis of 180 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 180 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (d) specific identification, (b) weighted average. (C) FFO, and (d) UFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. Note: Round cont per unit to 2 dedmal places. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 180 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using FiFo. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 180 units from the January 30 urchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending nventory and to cost of goods sold using (d) specific identification, (b) weighted average, (c) FIFO, and (d) UFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO