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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

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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. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase. 5 are from the January 20 purchase, and 15 ore from beginning inventory Date Activities Units Acquired at Cost Units sold at Retail Jan. 1 Beginning inventory 140 units 56.00 S 840 Jan. 10 Sales 180 units @ $15 Jan. 20 Purchase 68 units 55.00 380 Jan. 25 Sales 88 units 515 Jan. 30 Purchase 180 units 54.58 - 810 Totals 380 units 51,950189 units Exercise 6-5A Periodic: Inventory costing LO P3 Required: Determine the cost assigned to ending inventory and to cost of goods sold using a specific identification. (6) weighted average. Ia FIFO, and (c) LIFO Complete this question by entering your answers in the tabs below. Specifeld Weighted FIFO LIFO Determine the cost assloned to ending inventory and to cost of goods sold using specific identification. For specific identification, triding Inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory Specification Cost of Goods Sold Ending Inventory Cost of Gols Available for Sale Cont per Cost of Goods of units Cost per Cost of IT of units Cost Ending verriceWaringinan annen Required information requirea Determine the cost assigned to ending inventory and to cost of goods sold using ( specific Identification. (by weighted average to FIFO, and (CALIFO Complete this question by entering your answers in the tabs below. Specific Id Weighted Average FIFO uro Determine the cost assigned to ending Inventory and to cost of goods sold using specific Identification. For specific identification, ending Inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. a specie Identification Cost of Goods Available for Sale Cost of Goods Sold Cost per Cost of Goods # of units Cost per w of units Cost of Available for unit sold unit Goods Sold Sale Ending inventory # of units Cost Ending in ending Inventory per unit inventory Beginning inventory Purchases Jan 20 Jan 30 Total Weighted Average > Exercise 6-5A Periodic: Inventory costing LO P3 Required: Determine the cost ossigned to ending Inventory and to cost of goods sold using a specific Identification, thy weighted average to FIFO, and ( LIFO Complete this question by entering your answers in the tabs below. Specific to Weighted Average FIO Cro Determine the cost assigned to ending inventory and to cost of goods sold coing welghted average (round cont per unit to 2 dederal place) 1) Average cost Cost of Goods Available for sale Cost of Goods Sold Ending Inventory Average Cost of Goods of units Average of units Cost per Available for # of units Average Cost of Cost per sold in ending Ending Cost Sale Goods Sold Unit Inventory inventory per unit Beginning inventory Purchase Jan 20 Jan 30 Total $ Exercise 6-5A Periodic: Inventory costing LO P3 Required: Determine the cost assigned to ending inventory and to cost of goods sold using a specific identification, (b) weighted average (o FIFO, and ( LIFO Complete this question by entering your answers in the tabs below. Specific td Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. FIFO Cost of Goods Available for Sale Cost per Cost of Goods #of units Available for Sale Cost of Goods sold Ending inventory of units Cost per Cost of # of units Cost Ending sold unit Goods Sold in ending Inventory per unit Inventory Beginning inventory Purchases Jan 20 Jan 30 Total D $

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