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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. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 385 units from the January 30 purchase, 5 unis from the January 20 purchase, and 15 units from beginning inventory. Exercise 6-3 (Algo) Perpetual: Inventory costing methods LO P1 Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. 2. Detemmine 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 FlFQ 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Complete this question by entering your answers in the tabs below. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific ldiantincakia. purchase, bunts froms the Januairy 20 gurchasevand to unks from beginning inventocy Exercise 6-3 (Algo) Perpetual: Inventory costing methods LO P1 Required: 1. Compiete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. 2. Deiermine the cost assigned to ending itventory and to cost of goods sold using weightsed overage 3. Deterruine the cost osryeed ta ending itventory and to cost of goods sold using Firo 4. Determine the cost sssigned to ending inveotory and to cost of goods sold ering Lir 0 Colvelete this question by entering your answers in the tabs below. Detemine the cout assiged to knding inveriory and to cont of posds toef aning wrighted averago. rcise 63 (Aigo) Perpetual: Inventory costing methods LO P1 4. Determine the cost aspontd wo ending inveraby and to cont of goodin soid sung tifo Cospete this questice twe eatering wour antwers in the tabs belic: Erercise 63 (Aigo) Perpetueti Inventory conting methods LO P1 Apequired

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