[The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product. Units Acquired at Cost 240 units @ $16.50 = $ 3,960 Units sold at Retail 190 units @ $25.50 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 170 units @ $15.50 = 2,635 190 units @ $25.50 $15.00 = 380 units @ 790 units 5,700 $12, 295 380 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 410 units, where 380 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. equired: Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. -Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. -Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. -Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. 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 identification. (Round cost per places.) Specific Identification Available for Sale Cost of Goods Sold Ending Cost Per Purchase Date Activity Units Unit Cost Units Sold Unit Cost COGS Unit Units Jan. 1 Jan. 20 Jan. 30 Beginning inventory Purchase Purchase $ 16.50 $ 15.50 $ 15.00 $ 16.50 $ 15.50 $ $ 240 170 380 790 3,548 2,558 215 165 0 380 Ending Inventory Ending Inventory. Inventory- Cost 25 $ 16.50 $ 413 5 $ 15.50 $ 380 $ 15.00 $ 5,700 410 $ 6,191 $ 6,106 Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to Weighted Average - Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance # of units Cost per Date Cost per unit # of units sold Cost of Goods Sold # of units Cost per unit Inventory Balance unit January 1 240 @ $ 16.50 = $ 3,960.00 January 10 190 @ $ 25.50 = $ 4,845.00 January 20 | 170 @ $ 15.50 170 $ 15.50 = 2,635.00 $ 2,635.00 Average cost 170 @ January 25 190 @ $ 25.50 = $ 4,845.00 January 30 , 380 @ $ 15.00 $ 15.00 = 5,700.00 380 @ 380 @ Totals $ 9,690.00 . Goods Purchased # of Cost per units unit Cost of Goods Sold # of units Cost Cost of Goods sold per unit Sold Date Inventory Balance # of units Cost per Inventory unit Balance 240 @ $ 16.50 = $ 3,960.00 January 1 January 10 January 20 January 25 January 30 Totals Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places. Perpetual LIFO: Goods Purchased # of Cost per units unit Cost of Goods Sold # of units Cost Cost of Goods sold per unit Sold Date Inventory Balance # of units Cost per Inventory unit Balance 240 @ $ 16.50 = $ 3,960.00 January 1 January 10 January 20 January 25 January 30 Totals