3 ! 125 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 eBook Hint Print Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals Units Acquired at Cost Units sold at Retail 175 units @ $10.00 - $1,750 135 units @ $19.00 130 units @ $ 9.00 - 1,170 140 units @ $19.00 275 units @ $ 8.00 - 2,200 580 units $5,120 275 units References 1... carcin IDR 3 Required information Specific Id Weighted Average FIFO LIFO 125 points etermine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending invento D5 units, where 275 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Cost of Goods Sold eBook Specific identification Cost of Goods Available for Sale Cost of Goods Cost # of units per Available for unit Sale Hint Ending Inventory # of units Cost in ending Ending inventory per unit Inventory Cost of Goods Sold # of units Cost per unit sold Print References ginning inventory rchases Jan. 20 Jan. 30 $ 0 $ al Weighted Average > Check 3 Required information Specific Id Weighted Average FIFO LIFO 125 points Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) b) Average Cost eBook Cost of Goods Available for Sale Average Cost of Goods # of units Cost per Available for unit Sale Cost of Goods Sold # of units Average Cost of sold Cost per Unit Goods Sold Ending Inventory # of units Average Ending in ending Cost per Inventory inventory Hint Print References Beginning inventory Purchases Jan. 20 Jan. 30 Total o 0 0 $ 3. Required information Specific ld Weighted Average EIFO LIFO 125 points Determine the cost assigned to ending Inventory and to cost of goods sold using FIFO. Cost of Goods Sold cock Cost of Goods Available for Sale Cost of Goods of units Cost per Available for unit Sale of units Cost per sold unit Cost of Goods Sold Ending Inventory #of units Cost in ending Ending Inventory per unit Inventory Hint Print Beginning inventory Purchases Jan 20 Jan 30 Total 0 $ 0 $ ol 0 $ Check my w 3 Required information Specific Id Weighted Average FIFO LIFO 1.25 points Determine the cost assigned to ending Inventory and to cost of goods sold using LIFO. d) LIFO Cost of Goods Sold eBook Cost of Goods Available for Sale Cost of Goods # of units Cost per Available for unit Sale # of units Cost per sold Cost of Goods Sold Ending Inventory #of units Cost in ending Ending inventory per unit Inventory Hint Print References Beginning inventory Purchases Jan. 20 Jan. 30 Total $ 0 0 $ $ (FIFO