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 Acquired at Cost 150 units@ $7.50 - $1,125 Units sold at Retail Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 80 unitse $6.50 - 520 110 units @ $16.50 90 units @ $16.50 200 units@ $6.00 = 1,200 430 units $2,845 200 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists 200 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginnin Required: 1. Complete the table to determine the costs assigned to ending inventory and to cost of goods sold using sp 2. Determine the costs assigned to ending inventory and to cost of goods sold using weighted average. 3. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. 4. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. Perpetual FIFO: Goods Purchased # of units unit Date Cost per Cost of Goods Sold # of units Cost per cost of Goods unit Sold sold Inventory Balance Cost per Inventory of units Balance $ 150 @ $ 7.50 = 1,125.00 unit January 1 January 10 Prev 1 of 1 !!! Next ? " 26 ctv