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Saved Required information [The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its

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Saved Required information [The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals Units Acquired at Cost 170 units@ $9.50 $1,615 120 units $8.50 = 1,020 240 units $8.00- 1,920 530 units $4,555 Units sold at Retail 130 units # $18.50 130 units @ $18.50 260 units The Company uses a perpetual inventory system. For specific identification, ending inventory consi 240 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginn Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using spec 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 question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per unit to 2 decir Pareto FEQ * < Prex 205 Next >> MacBook Air

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