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X Connect + cation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253 5252F%252Fmycourses.rogc.edu%252Fwebapp work Saved Laker Company reported the following January purchases and sales data for its only product. Date Activities Units Acquired

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X Connect + cation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253 5252F%252Fmycourses.rogc.edu%252Fwebapp work Saved 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 140 units @ $6.00 - $ 840 Jan. 10 Sales 100 units @ $ 15 Jan. 20 Purchase 60 units @ $5.00 - 300 Jan. 25 Sales 80 units @ $ 15 Jan. 30 Purchase 180 units @ $4.50 = 810 Totals 380 units $1,950 180 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 200 units, w 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 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 question by entering your answers in the tabs below. PERA Prey 1 of 2 Next > 1 arch a EP a Bucation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fmycourses.rcgc.edu%252Fwebapps%252Fpor nework Saved Help SO Required information 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 Activity Units Cost of Goods Sold Ending Inventory Ending Units Ending Cost Per Unit Cost COGS Inventory Sold Inventory Units Unit Cost Unit Cost Purchase Date Jan. 1 Jan. 20 Jan 30 Beginning inventory Purchase Purchase 140 $ 6.00 60 $ 500 180 $ 450 380 0 0 5 0 0 $ 0 Required 2 > Pray 1 of 2 II Next >

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