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specific identification, weighted average, FIFO, and LIFO please!! Required information Use the following information for the Exercises below. (Algo) [The following information applies to the

specific identification, weighted average, FIFO, and LIFO please!! image text in transcribed
image text in transcribed
Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 206 units, where 180 are from the January 30 purchase, 5 are from the Jariuary 20 purchase. and 21 are from beginning inventory. Exercise 5.5A (Algo) Perpetual: Inventory costing LO P3 Assume the perpetuat inventory system is used: Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specificidentification. 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 FFO. 4. Determine the cost essigned to ending inventory and to cost of goods sold using LIFO. Complete this question by entering your answers in the tabs below. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification

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