Saved Required information Use the following information for the Exercises below The following information applies to the questions ofsplayed below Lker Company reported the following January purchases and sales data for its only product Jan. 1 Beginning inventory 175 units $10.00 $1.750 Jan. 10 Saler am. 20 Purchare Jan. 25 Sales Jan. 30 Purchase 135 unite $19.00 130 unsts e $9.001.170 140 units q 119.00 Totals 555 units $5. 045275 units 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 ftom beginning invgntory Exercise 6-3 Perpetual: Inventory costing methods LO P1 Required: 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 usng weighted average 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO 4. Determine the cost ass gnied to ending inventory and to cost of goods sold using LIFO 1. Complete this questions by entering your answers in the below Complete the table to determine the cost assigned to ending inventory and cost of using specific identification Specific Identification 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. 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 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Cost Per Inventory Units Unit Units Unit Cost COGSnventory Unit Purchase Date Activity Sold Units Jan. 1 Jan. 20 Jan. 30 Beginning inventory Purchase Purchase 175 $ 10.00 130 250 Requtred 1 Required 2 inventry ine 0usl assighed to ending 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 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 Weighted Average Perpetual: ok Cost of Goods Sold #of r : Cost of Goods l Sold Date | #of January 1 January 10 January 20 Cost per unit Cost per Inventory Balance # of units units unit unit sold 175 10.00 $1,750.00 Average cost January 25 January 30 Totals Required 1 Required 3 Required information 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 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. PerpetualLEIFO: ok Goods #of of units sold Cost per Cost of Goods # of units Cost per Inventory Date unit Sold 17510.00 $1,75000 January 1 January 10 January 20 January 25 January 30 Totals Required 2 Required 4> Required information 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 of 2 Complete this questions by entering your answers in the below tabs Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Perpetual LIFO: ook int Goods Purchased #of Inventory Balance Cost of Goods Sold Cost per Inventory Date # of units sold. Cost per 1 unit January 1 January 10 January 20 sk 175 | @| $10001..1 $1.750 00 ences January 25 January 30 Totals Required 3 Required4