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Required information Use the following information for the Exercises 3-7 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 3-7 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 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 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 inventoby and cost of goods sold using specific identification. 2. Determine the cost assigned to ending inventory and to cost of goocis sold using weighted average 3. Determine the cost assigned to ending inventory and to cost of goodit sold using filfo 3. Determine the cost assigned to ending inventory and to cost or goodir soid using if 4. Determine the cost assigned to ending inventory and to cost of goods sold using LifO. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. Notes fround cost per unit to 2 decimal places

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