2 Ch 5-8 i 3 208-56 ! Required information [The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 270 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Date January 1 January 10 January 20 January 25 January 30 Activities Beginning inventory Sales Purchase Sales Purchase Totals Assume the perpetual inventory system is used. Required: Connifin Wrighted Units Acquired at Cost $10.50 = 180 units @ Q Search Saved 110 units 270 units @ 560 units $ 9.50 = Complete this question by entering your answers in the tabs below. $9.00 = $19.50 $ 19.50 W Help Save

1 Required information [The following information opplies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product For specific identification. ending inventory consists of 270 units from the January 30 purchase, 5 units from the Januory 20 purchase, and 15 units from beginning inventory Assume the perpetual inventory system is used. Required: 1. Complete the table to deremine the cost assigned to ending inventory and cost of goods sold using specific identification. 2. Detemine 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 soid 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