The following infommation apolies to the questions displayed belowf

Laker Company reported the following January purchases and sales data for its only product For specific identif$$cation$.$ ending inventory consists of $280$ units from the January $30$ purchase, $5$ units from the danualy $20$ purchase, and $15$ units from beginning inventory

Date Activities Beginn$$ng iniventory Sales Purchase Sales. purchase fiotalis

danuary $1$

January $10$

January $20$

January $25$

Jlanuary $3a$

Exerclse $5-3($Algo$)$ Perpetual: Inventory costing methods LO P$1$

Assume the perpetual imvertory system is weed.

Requlred:

Complete the table to determine the cost assigned to ending imuenvary and cpst of goods sold using spechic identification.

Determine the cost assigned to ending inventony and to cost of goods sold using wieighted aweragen.

Determine the cost assigned to ending inventory and to cost of goods sold using FiFQ.

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.

$5$ pecific

Weighted

FIFO

LIIFO

Identification

Awerage

$(1)1\mathrm{.}39$

I$96$ units $(6)974$

$150$ un $15$

$46$ A$$

$5$:$6$ units

$5$