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 Units sold at Activities whits Aequired at copt Beginning 100 units $10.50 =$1,890 Jan. Inventory Jan. 10 Sales 140 units $19.50 Jan. 20 Purchase 110 units$ 9.50 - 1,045 Jan. 25 Sales 130 units $19.50 Jan. 30 Purchase 260 unitats 9.00 - 2,340 Totala 550 units $5,275 270 units The Company uses a perpetual Inventory system. For specific identification, ending inventory consists of 280 units, where 260 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 Required Required Required Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. (Round cost per unit to 2 decimal places.) Specific identification Available for Sale Cost of Goods Sold Ending Inventory Ending Purchase Ending Cost Activity - Units Unit Units Unit unit units Unit ce COGS inventory Per Inventory Date Activity units Cost Sold Cost Units Unit Cost Jan. 1 Beginning 180 Inventory Jan 20 Purchase 110 Jan. 30 Purchase 12601 550 Required 2 > 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 Required Required Required 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 Cost of Goods Sold Purchased Inventory Balance Cost # of Cost Cost of Cost of Inventory Date per units per Goods #of units per units Balance unit sold unit Sold January 1 180 20.50 -.890.00 January January Average cost January 25 January Totals Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific dentication. 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 Required Required Required Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per unit to 2 decimal places.) Perpetual FIFO Goods Cost of Goods Sold Inventory Balance Purchased Cost u nits Cost # of Cost of per of units Date per per Balance units unit Goods Soldof units January 1 10.50 +1.890.00 Cost Inventory per Lunit sold 180/ January 10 January 20 January 25 January 30 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 Required Required Required Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places.) Perpetual LIFO: Goods Purchased Cost of Goods Sold Inventory Balance de Cost # of Cost of of units per Date per sold Cost of units Cost Inventory per Goods Sold units Balance Unit January 1 180 @ 10.50 = 2.990.00 January 101 January 201 January 25 January 30 C Totals