Refer to the information in Exercise 6-3 and assume the periodic inventory system is used. Determine the costs assigned to ending inventory and to cost of goods sold using

Refer to Exercise 6-3, 

(a) Specific identification,

(b) Weighted average,

(c) FIFO, and

(d) LIFO.

(Round per unit costs and inventory amounts to cents.) 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.

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Units Acquired at Cost 140 units @ $6.00 = $ 840 Units Sold at Retail Activities Date Beginning inventory Sales Jan. Jan. 10 Jan. 20 100 units @ $15 60 units @ $5.00 = 300 Purchase Sales 80 units @ $15 Jan. 25 180 units @ $4.50 380 units Jan. 30 Purchase 810 = Totals . 180 units $1,950