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Required information Use the following information for the Exercises 37 below. (Algo) [The following information applies to the questions displayed below] Laker Company reported the

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Required information Use the following information for the Exercises 37 below. (Algo) [The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 260 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. Exercise 5-3 (Algo) Perpetual: Inventory costing methods LO P1 Assume the perpetual inventory system is used. Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold pising 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 FFO. 4. Determine the cost assigned to ending inventory and to cost of goods sold using LiFO. 4. Determine the cost assigned to ending inventory and to cost of goods sold using tifO. Complete this question by entering your answers in the tabs below

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