Required information [The following information applies to the questions displayed below. Minnie HA HA reported the following January purchases and sales data for its only product. Units sold at Retail Units Acquired at Cost 145 units@ $7.00 - $1,015 105 units @ $16.00 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 70 units@ $6.00 - 420 85 units $16.00 $5.50 - 190 units 405 units 1,045 $2,480 190 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 215 units, where 190 are from the January 30 purchase. 5 are from the January 20 purchase, and 20 are from beginning inventory. Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification 2. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. 3. Determine the cost assigned to ending Inventory and to cost of goods sold using FIFO. 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO Required information Complete this questions by entering your answers in the below tabs. Required 1 Required 2 Required 3 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Cost Per Ending Inventory Unit Inventory Activity Units Purchase Date Unit Cost Units Sold Unit Cost COG5 Units 145 Jan 1 Jan. 20 Jan 30 Beginning inventory Purchase Purchase Required 2 > Requyed 1 Required 2 Required 3 Required 4 Dotarmine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 Inventory Balance Weighted Average - Perpetual: Goods Purchased of Cost per units unit Cost of Goods Sold Wof Cost per Cost of Good units unit Sold sold Cost per Inventory of units Date unit Balance 145 @ $ 7.00 - $1.015.00 January 1 January 10 January 20 Average cost January 25 January 30 Totals