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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 an. 1 Beginning inventory 225 unitse sis.ee an. 18 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 38 Purchase 3,375 2.529 358 units $13.58-4,725 175 units$24.8 180 units @ $14.ee 218 units$24.ee Totals 755 units 18,628 385 units The Company uses a perpetual Inventory system. For specific identification, ending inventory consists 350 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning Exercise 6-3 Perpetual: Inventory costing methods LO P1 Requlred: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specifi 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 questions by entering your answers in the below tabs. ere to search

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