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 Jan. 1 Beginning inventory Jan. 10 Sales Jan.20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals Units sold at Units Acquired at Cost Retail 180 units@ $10.50 - $1,890 140 units@ $19.50 110 units@ $ 9.50 1,845 130 units@ $19.50 270 units@ $ 9.00 2,430 560 units $5,365 270 units Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 290 units, where 270 are from ahe January 30 purchase. 5 are from the January 20 purchase, and 15 ore from beginning inventory Determine the cost assigned to ending Inventory and to cost of goods sold using a specific identification, () weighted average (FIFO, and (UFO Complete this questions by entering your answers in the below tabs. Specific id Weighted Average FIFO UFO Determine the cost assigned to ending Inventory and to cost of goods sold using specific identification For specific identification, ending inventory consists of 200 units, where 270 are from the January 30 purchase, 5 are from the January 20 purchase, and is are from beginning inventory ) Specific Identification Cost of Goods Available for Sale Cost of Goods Available for Sale Cost per Cost of Goods Sold Ending Inventory M of units Cost per Bol units Cost of Cost Ending sold unit Goods Sold in ending per unit Inventory Inventory Beginning inventory Purchases Jan 20