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saved 3 Required Informetion (The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its
saved 3 Required Informetion (The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. ActivitiesUnits Acquired at Cost Units sold at Retama 1 115 units$17.ee Jan. 1 Seginning inventory Jan. 18 Sales Jan. 28 Purchase Jan. 25 Sales Jan. 30 Purchase 155 units $8.e0$1,240 98 units @ $7.e0638 21e unitse $6.58 1:365 95 units e $17.ee Totals 455 units 3,235218 units The Company uses a perpetual Inventory system. For specific identification, ending inventory consists of 245 units, where 210 are from the January 30 purchase. 5 are from the January 20 purchase, and 30 are from beginning inventory Required: 1. Complete the table to determine the cost assigned to ending Inventory and cost of goods sold using specific Identfication 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. Complete this questions by entering your answers in the below tabs. Required 1 Required 2 Required 3 Required4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification Scote anavier
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