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 235 units @ $16.00 = $ 3,760 Jan. 10 Sales 185 units @ $25.00 Jan. 20 Purchase 180 units @ $15.00 = 2,700 Jan. 25 Sales 200 units @ $25.00 Jan. 30 Purchase 370 units @ $14.50 = 5, 365 Totals 785 units $11, 825 385 units The Company uses a perpetual inventory system. For specific identification, ending inventory co 370 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from be Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using 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 questions by entering your answers in the below tabs