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. Units sold at Retail Units Acquired at Cost 215 units@ $14.00 - $3,016 165 units @ $23.00 Date Activities Jan. 1 Beginning inventory Jan. 18 Sales Jan. 28 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 2,080 160 units@ $13.00 = 190 units @ $23.00 330 units@ $12.50 705 units 4, 125 $9, 215 355 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 350 units, where 330 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 2 decimal Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification, (Round cost per unit places.) Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Cost Per Ending Inventory Unit Inventory Units Cost Purchase Date Activity Units Units Sold Unit Cost COGS Unit Cost Jan 1 Jan 20 Jan 30 Beginning inventory Purchase Purchase 215 160 330 705 0 $ 0 0 $ 0 Required information Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) Weighted Average - Perpetual Goods Purchased Cost of Goods Sold Inventory Balance al of Cost per Cost of Goods Inventory Dato units units unit W of units Sold unit Balance sold January 1 215 S 14.00 $ 3.010.00 January 10 Cost per Cost per unit January 20 Average cost January 25 January 30 Totals Red Cost per Cost per Cost per Date # of units # of units sold Cost of Goods Sold # of units Inventory Balance unit unit unit January 1 215 @ $ 14.00 = $ 3,010.00 January 10 January 20 January 25 January 30 Totals Decida LP Goods Purchased # of units unit Cost per Cost of Goods Sold # of units Cost of Goods sold unit Sold Cost per Inventory Balance Inventory #of units unit Balance Cost per Date January 1 215 @ $ 14.00 = $ 3,010,00 January 10 January 20 January 25 January 30 Totals