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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.

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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 periodic Inventory system for specific identification ending inventory consists of 222 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 37 are from beginning inventory Date Activities Jon Beginning inventory Jan. 10 Sales Jon. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Units Acquired at cost Units sold at Retail 151 units 36.00 - 905 89 units @ $15.00 71 units # 55.00 355 1 units $15.00 180 units $4.50 10 102 units $2,071 180 units 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification 2. Determine the cast 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 in LIFO Complete this question by entering your answers in the tabs below. LIFO Wolghted Average Spedie id C PIN 30 11 penie to tech

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