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 Units Acquired at Cost 205 units@ $13.00 = $2,665 Units sold at Retail Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 165 units @ $22.00 140 units @ $12.00 = 1,680 145 units @ $22.00 310 units@ $11.50 = 3,565 655 units $7,910 310 units The Company uses a perpetual Inventory system. For specific identification, ending Inventory consists of 310 are from the January 30 purchase, 5 are from the January 20 purchase, and 30 are from beginning in 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 idem 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. 4. Determine the cost assigned to ending Inventory and to cost of goods sold using LIFO, Date # of units Cost per unit # of units sold Cost per Cost of Goods unit Sold #of units Cost per unit Inventory Balance January 1 205 @ $ 13.00 = $ 2,665.00 January 10 165 @ $ 13.00 $ 2,145.00 40 @ $ 13.00 = $ 520.00 January 20 140 $12.00 @ $ 13.00 = $ 520.00 $ 1200 $ 520.00 January 25 @ $ $ 13.00 $ 12.00 0.00 0.00 $ 1300 @ $. 12.00 = January 30 310 $ 11.50 $ 13.00 $12.00 $ 11.50 Totals