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Required Information Use the following Information for the Exercises below. [The following information applies to the questions displayed below.) Laker Company reported the following January

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Required Information Use the following Information for the Exercises below. [The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. Auti Un equired to ORARE Jan. 1 Beginning inventory 235 unitat $16.00 - $ 3,760 185 units! $25.00 180 unithe $15.00 - 2,700 Jan. 25 Balen 200 units $25.00 Jan. 30 Purchase 370 unitse $14.50 - 5,365 Totals 785 units 011,825 385 unite Date Jan. 10 Balon Jan. 20 Purchase The Company uses a perpetual Inventory system. For specific Identification, ending Inventory consists of 400 units, where 370 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning Inventory. Exercise 6-3 Perpetual: Inventory costing methods LO P1 Required: . 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 sold using weighted average. 3. 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. eferences Required 1 Required 2 Required 3 Required 4 Complete the table to determine the cost assigned to ending Inventory and cost of goods sold using specific Identification, tound cont per places.) Speelfie Identification Available for sale Cost of Gold Purchase Date Activity Units Unit Cost Unite Bold Ending my Endine Cont per Con Unit Cont COOB Units 235 Jun. 1 Jan. 20 Jan. 30 Beginning inventory Purchase Purchase 180 370 785 Required 2 > Complete this question by entering your are in the tabs below Required 1 Requked 2 Required 3 Required 4 References Determine the cost assigned to ending Inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal plat Weighted Average - Perpetual Costa Bold Cost per unite sold Coat per cent of Goods unit Bold 235 @ $ 10.00 - $ 3,700.00 January 1 January 10 January 20 Average cost January 25 January 30 Totals Complete the nation by enting your answers in the the below Required 1 Required 2 Required Required 4 References Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per unit to 2 decimal places.) Perpetual FIFO: Coat at ooda Solid Cost per of units Coat por Cont of Goods coep Intor unit Sold January 1 235 $ 16.00 $ 3,780.00 January 10 January 20 January 25 January 30

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