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{The fotio wing information appiies to the questions dispiayed below] Laker Company reported the following January purchases and sales data for its only product. Date

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{The fotio wing information appiies to the questions dispiayed below] Laker Company reported the following January purchases and sales data for its only product. Date Jan. 1 Jan.l Jan.20 Jan.25 Jan.30 Activities: Unite acquired at Cost Unite sold at Retail Beginning inventory 165 unitse $9.00- $1,435 Sales Purchase 110 units@ $3.00- 530 Sales Purchase 250 units a 57_ 50 - 1, 575 Totals 525 units $4,240 125 units a $15.00 125 units $13.00 250 units Exercise 5-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic inventory system. For specic identication, ending inventory consists of 2?5 units. where 250 are from the January 30 purchase. 5 are from the January 20 purchase, and 20 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using {a} specic identication, (b) weighted average. [c] FIFO. and [ob LIFO. Complete this question: by entering your answers In the below tabs. Specic Id Weighted Average FIFO LIFO Determine the cost assigned to ending invention;Ir and to cost of goods sold using weighted average. {Round oosl: per unit to 2 decimal places.) Beginning inventory Purchases: Jan. 20 Jan. 3!] Total

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