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 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. Units sold at Retail Units Acquired at Cost 235 units @ $ 16.00 = $ 3,769 185 units $25.ge Date January 1 January 10 January 20 January 25 January 30 Activities Beginning inventory Sales Purchase Sales Purchase 180 units @ $15.00 - 2, 20e 299 units $ 25.ee 385 units $ 13.00 - 5, ees Totals 800 units $ 11,465 389 units 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. Specific Id Weighted Average FIFO LIFO Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Specific Identification Cost of Goods Sold Available for Sale Purchase Date Ending Inventory Ending Cost Per Unit Inventory-Cost Cost Per Unit Cost Per Unit Ending Inventory- Units # of units sold COGS Activity # of units 235 January 1 Beginning inventory Purchase Purchase 180 January 20 385 January 30 800 Specield Weighted Average > 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 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory Units sold at Retail Units Acquired at Cost 235 units $ 16.00 $ 3,760 185 units @ $ 25.ee Date January 1 January 10 January 20 January 25 January 30 Activities Beginning inventory Sales Purchase Sales Purchase Totals 180 units $18.00 2.ee 200 units $ 25.00 $ 0.00 385 units 800 units 5,05 $ 11,465 385 units 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. Specific id 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.) Inventory Balance Goods Purchased Weighted Averagell Perpetual Cast of Goods Sold # of units Cost per Cost of Goods sold unit Sold Date # of units Cost per unit Inventory Balance # of units Cost per unit 235 at S 16.00 s 3,780.00 January 1 January 10 January 20 Average cost January 20 January 25 January 30 Totals 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 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. Units Acquired at cost 235 units $ 16.00 Units sold at Retail $ 3.760 Date January 1 January 18 January 20 January 25 January 30 185 units @ $ 25.ee Activities Beginning inventory Sales Purchase Sales Purchase Totals 180 units 2.700 2ee units 9 $ 25.00 $ 13.00 385 units e 800 units 5.805 $ 11,465 395 units 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. Specific id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Perpetual FIFO Cost of Goods Sold # of units Cost Cost of Goods sold per unit Sold Goods Purchased Cost per unit Date of units Inventory Balance Cost # of units per unit 235 lat S 18001 January 1 January 10 January 20 Total January 20 January 25 Total January 25 January 30 Totals LIFO >