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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 dute for its only product Activities te mired at Coat Jan, 1 Beginning inventory 175 unitat 610.00 - $1,750 Jan. 10 Balas 135 nits $19.00 Jan. 20 Purchase 130 units $9.00 - 1,170 Jan. 25 Sales 140 units. $19.00 Jan. 30 Purchase 250 unitats 0.50 - 2.125 total 555 unit $5,065 235 The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 280 units. where 250 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: 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 sold using weighted average. 2. 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. Required

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