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9 Part 1 of 2 10 points Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. Date Activities Units Acquired at Cost Units sold at Retail Jan. 1 Beginning inventory 175 units@ $10.00 - $1,750 Jan. 10 Sales 135 units @ $19.00 Jan. 20 Purchase 130 units@ $ 9.00 = 1,170 Jan. 25 Sales 148 units $19.00 Jan. 30 Purchase 250 units@ $ 8.50 - 2,125 Totals 555 units $5,645 275 units eBook Hint Print References The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 280 units, where 250 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Exercise 5-3 Perpetual: Inventory costing methods LO P1 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. Check my wor Exercise 5-3 Perpetual: Inventory costing methods LO P1 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 question by entering your answers in the tabs below. 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 unit to 2 decimal places.) Specific Identification Available for Sale Cost of Goods Sold Purchase Date Ending Inventory Ending Cost Per Ending Inventory Inventory Unit Units Activity Unit Cost Units Units Sold Unit Cost COGS Cost Jan. 1 Jan. 20 Jan. 30 Beginning inventory Purchase Purchase 175 130 250 555 Bord of 2 Required 1 Required 2 Required 3 Required 4 ook Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit Weighted Average - Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance # of Cost per # of Cost per Cost of Goods Date units # of units Cost per Inventory units unit unit Sold unit sold Balance January 1 175 @ $ 10.00 - $ 1,750.00 January 10 January 20 int mint rences Average cost January 25 January 30 Totals Recuada Round 2 Required information Perpetual FIFO: of 2 Goods Purchased Inventory Balance # of units Date Cost per Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold Cost per # of units unit Inventory Balance unit January 1 175 @ $ 10.00 = $ 1,750.00 January 10 bok January 20 int int ences 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 place Perpetual LIFO: Goods Purchased # of Cost per units unit Date Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold Inventory Balance # of units Cost per Inventory unit Balance January 1 175 @ $ 10.00 = $ 1,750.00 January 10 January 20 January 25 January 30 Totals