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! Required information The following information applies to the questions displayed below. Laker Company reported the following January purchases and sales date for its only

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! Required information The following information applies to the questions displayed below. Laker Company reported the following January purchases and sales date for its only product The Company uses a periodic inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory Activities Units Acourent Cast Units sold at til Jan. 1 Berinning inventory 140 units $6.00 5 340 Jan 10 Sales 100 its $15 Jan. 20 Purchase 60 units $5.00 300 Jan. 25. Sales 80 units 515 Jan. 30 Purchase 810 Totals 30 $1.950 100 units Date Required: Determine the cost assigned to ending inventory and to cost of goods sold using a specific identification to weighted average FIFO, and (d) LIFO Complete this question by entering your answers in the tabs below. Specia Weighted FIFO UFO Average Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase. 5 are from the January 20 purchase, and 15 are from beginning inventory a) Specific identification Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods Cost per of units unit Available for Sale of units Cost per sold unit Cost of Goods Sold Ending Inventory # of units Cost Ending In ending per unit inventory Inventory Beginning inventory Purchases Jan 20 Jan 30 TO 0 triple Weighted Average

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