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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
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. 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 200 units from the Jaruary 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory Exercise 5-3 (Algo) Perpetual: Inventory costing methods LOP1 Assume the perpetual inventory system is used. Required: 1. Complete the table to determine the cost assaned to ending inventory and cost of goods sold using specific identification. 2. Determine the cost assigned to ending inventory and to cost of goots sold using weighted average. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO 4. Determine the cost assigned to ending inventory and to cost of goods sold using LFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. Rotes. Round cost per unit to 2 deomal places Exercise 5-3 (Algo) Perpetual: Inventory costing methods LO P1 Assume the perpetual inentory system is used: Required: 1. Complete the table to determine the cost assigned to ending irventory and cost of goods sold using 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 FFF 4. Determine the cost assigned to ending mventory and to cost of goods sold using UFO Cemplete this question by entering your answers in the tabs below. Complete the tasie to determine the cost asdigned to ending inventory and cost of goods sold using bpecific ldentification Exercise 5-3 (Algo) Perpetuak: Inventory costing methods LO P1 Assume the perpetual inventory system is used Required: 1. Oomplete the table to determine the cest assigped to ending imventory and cost of goods sold usung specific identification 2. Determine the cost assigned to ending aventory and to cost of goods soid using weighted average. 3. Determine the cont assgned to ending inventory and to cost of goods sold using fiFO: 4. Determine the cost assigned to ending inventory and to cost of goods sold uning UFO. Complete this question ty entering your anvwers in the tabs below. Determine the cost asthened to ending ivventorv and to cost of goods solt uting weghted average hister mewhit cont per unst to 2 sedmal placet. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO 4. Determine the cost assigned to ending irventory and to cost of goods sold using UFO Complete this question by entering your answers in the tabs below. 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 Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Required information Use the following information for the Exercises 3-7 below. (Algo) [The following information applies to the questions displayed befow] Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 200 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 using specific identification. 2. Determine the cost assigned to ending inventory and to cost of goods soid using weighted average. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. 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. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. Note; Round cost per unit to 2 decimal places. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO
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.
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