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. Date Activities Units Acquired at cost Units sold at Retail Jan. 1 Beginning inventory 165 units@ $9.00 =$1,485 ve Jan. 10 Sales Jan.20 Purchase Jan. 25 Sales Jan.30 Purchase 125 units e $18.00 110 units@ $8.00 = 880 125 units e $18.00 230 units@ $7.50 = 505 units 1,725 Totals $4,090 250 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists 230 are from the January 30 purchase, 5 are from the January 20 purchase, and 20 are from beginnin uired: omplete the table to determine the cost assigned to ending inventory and cost of goods sold using specif Determine the cost assigned to ending inventory and to cost of goods sold using weighted average