The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 350 units, where 330 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Required: 1. Complete the table to determine the costs assigned to ending inventory and to cost of goods sold using specific identification. 2. Determine the costs assigned to ending inventory and to cost of goods sold using weighted average. 3. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. 4. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO.

Required information The folowing information applies to the questions displayed below. Laker Company reported the following January purchases and sales data for its only product. Units sold at Retail Activitien Unita Acquired at cost an Beginning Jan. 10 Sale Jan. 20 Purchase 160 units13.00 2,0B0 Jan. 25 Sale Jan. 30 Purchase 330 units12.504,125 215 units$14.00$3,010 inventory 165 units $23.00 190 units $23.00 Totals 05 units $9,215 355 units The Company uses a perpetual Inventory system. For specific Identification, ending inventory consists of 350 units, where 330 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. 1. Complete the table to determine the costs assigned to ending Inventory and to cost of goods sold using specific denttication. 2. Determine the costs assigned to ending inventory and to cost of goods sold using weighted average. 3. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. 4. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO Complete this question by entering your answers in the tabs below Required Required Required Required Complete the table to determine the costs assigned to ending inventory and to cost of goods sold using specific identification. ng Ending Cost Endi Unit Units Unit ng Date Activity Units Cost Sold Cost COGS Beginning Jan. 1 Jan. 20 Jan. 30 215 160 330 Required 1 Required2