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. Units Jan. 1 Beginning inventory 160 unitse $8.50 $1, 360 Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 120 units $17.50 100 units@ $7.50-# 750 120 units t $17.50 240 units e $7.00680 500 units Totals $3,790 240 units Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 26 the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory Det ending inventory and to cost of goods sold using (e specific identification. (o) weighted average. (o FiFO,a Complete this questions by entering your answers in the below tabs. Check my work Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 260 units, where 240 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, ( weighted average, (q FIFO, and (d UFO. Complete this questions by entering your answers in the below tabs. Weighted Average LIFO cost assigned to ending inventory and to cost of goods sold using specific identification. For spedific identification, 260 units, where 240 are from the January 30 purchase, S are from the January 20 purchase, and 15 are from beginning inventory a) Specific Identification Cost of Goods Available for Sale Cost of Goods Soled Ending Inventory sof units Cost Ending in ending Cost per Available for so Cost of Goods # of units | Cost per Cost of unit per unit Inventory Sale Beginning inventory Purchases: Jan. 20 Jan. 30 Total Weighted Average Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 260 units, where 240 are from the January 30 purchase, 5 are from the January 20 purchase, ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, () FIFO, and (a) LiFo and 15 are from beginning inventory. Determine the cost assigned to Complete this questions by entering your answers in the below tabs. Specific Id Weighted FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. LIFO Cost of Goods Available for Sale Cost of Goods Sold cost of Goods! # of units | Cost per of units unit Goods Sold In endingEnding inventory Per unit Inventory Cost per Available forsold Cost of CostEn # of units l unit Sale Beginning inventory Purchases: Jan. 20 Jan. 30 Total FIFO