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[ The following information applies to the questions displayed below. ] Laker Company reported the following January purchases and sales data for its only product.

[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 310 units from the January 30 purchase, 5 units from the January 20 purchase, and 30 units from beginning inventory.
Date Activities Units Acquired at Cost Units sold at Retail
January 1 Beginning inventory 205 units @ $ 13.00= $ 2,665
January 10 Sales 165 units @ $ 22.00
January 20 Purchase 140 units @ $ 12.00=1,680
January 25 Sales 145 units @ $ 22.00
January 30 Purchase 310 units @ $ 11.50=3,565
Totals 655 units $ 7,910310 units
The Company uses a periodic inventory system. For specific identification, ending inventory consists of 310 units from the January 30 purchase, 5 units from the January 20 purchase, and 30 units from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using
(a) specific identification,
(b) weighted average,
(c) FIFO, and
(d) LIFO.

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