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show work 0 Required information The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for

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0 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 Units Required at Cost 175 unitse $10.00 - $1,750 Unita sold at Retail Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Total 135 units @ $19.00 130 units $ 9.00 - 1,170 140 units $19.00 250 unitae $ 8.50 - 555 units 2,125 $5,045 275 unito 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. 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 question by entering your answers in the tabs below. 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. (Round cost per unit to 2 decima places.) Specific Identification Available for Sale Purchase Date Activity Unit Units Cost Cost of Goods Sold Ending Inventory Units Ending Unit Cost Ending Cost Per Inventory Sold COGS Inventory Unit Units Cost $10.00 $ 17.500 Jan. 1 Jan 20 Jan. 30 Beginning inventory Purchase Purchase 175 $ 10.00 130 S 9.00 250 $8.50 565 1.750 $ 17.500 O $ 0 Red Required 2 >

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