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. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 270 units from the January 30 purchase, 5 units from the January 20 purchase, and 10 units from beginning inventory Activities Beginning Inventory Date January 1 January 10 Bales January 20 January 25 January 30 Purchase Sales Purchass Totals Unite Acquired at Cost 185 white F 11.00-> Units sold at Retail $ 2,035 145 units . $20.00 100 unite 10.00- 1,000 125 units $20.00 270 units 555 white 59.50 - 2,565 $5,600 270 unite Required 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 tabe below. Weighted Average FIFO LIFO Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Ending Inventory Cost Cost c Ending Inventory Purchase Date Activity of units Cost Per UAE Cost Per Uni COGS wold Ending Inventory Unita Cost Per Unit January 1 January 201 January 30 Beginning inventory Purchase Purchase 9829 185 100 270 Weighted Average > Sonofic 10 Weighted Average FIFO LIFO 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 Date Cost per of units unit of units sold Cost per Cost of Goods Bold Cost per unit Inventory Balance January 1 11.00 2,035.00 January 201 Average cost January 20 January 25 January 30 Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Perpetual EEQ Goods Purchased Cost of Goods Sold Inventory Balance Date of units Cost per un of units sold Cost per Cost of Goods Sold Cost per of units Inventory Balance unit 185 at $11.00 $ 2,035.00 nuary 1 January 10 20 Total January 20 January 25 Total January 25 January 30 Tolats Weighted Average LIFO >> Determine the cost assigned to ending inventory and to cost of goods sold using LIFO Goods Purchased Perpetual LIFO Cost of Goods Sold Inventory Balance Date of units Cost per me #of units sold uit Cost per Cost of Goods Sold Cost per of units unit January 1 185 at $11.00 Inventory Balance 2.035.00 January 10 January 20 Total January 20 January 25 Total January 25 January 30 Totals