The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product Date ActivitiesUnits Acquired at Cost Units sold at Retai1 Jan. 1 Beginning inventory 150 unitse $7.50 $1,125 Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 110 units $16.50 80 units $6.50520 90 units $16.50 200 unitae $6.00-1,200 430 units Totals $2,845 200 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 230 units where 200 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 questions by entering your answers in the below tabs. Required 1 Required 2 Required 3 Required 4 Help Sa Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identificat 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 questions by entering your answers in the below tabs. 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 ident/fication. Specific Identification Ending Cost Per Inventory- Unit Units Cost Sold Unit Cost Purchase Date COGS Inventory Unlt Jan. 1 Jan. 20 Jan. 30 Beginning inventory150 Required 2 Prey 5 0 Required information Required 1 Required 2 Required 3 Required 4 eterminc he cotso t assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per Weighted Average-Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance #of Cost per units Cost per Cost of Goods! Date units Sold | # of units : cost per Inventory #Of units sold unit unit Balance January 1 January 10 January 20 150 7.50$1,125.00 Average cost January 25 January 30 Totals Required Required3> Perpetual FIFO: Goods Inventory Balance #of units cost peri unit #of units sold Cost per) unit Cost of Goods Sold Cost per Inventoryy Balance Date | # of units unit 150| @ | $ 7.501=1 $ $ 7.50 January 1 January 10 January 20 1,125.00 January 25 January 30 Totals 0 Required information Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using LIFO Perpetual LIFO Goods Purchased #of Inventory Balance unit Cost of Goods Sold Cost per! unit # of units sold Cost per unit Cost of Goods Sold Cost per Inventory Balance | # of units Date units 150 7501,125.00 January 1 January 10 January 20 January 25 January 30 Totals