Chapter 5 Homework Help Save 2 The Company uses a periodic inventory system. For specific identification, ending inventory consists of 230 units, where 200 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Determine the cost assigned to ending Inventory and to cost of goods sold using() specific identification, (o) weighted average, (FIFO, and (LIFO. 14.28 points Complete this questions by entering your answers in the below tabs. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists of 230 units, where 200 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. References a) Specific Identification Cost of Goods Sold Cost of Cost of Goods Available for Sale Cost of Goods # of units unit Available for Sale 150 $ 750 $ 1.125 w of units Cost per sold Ending Inventory of units Cost Ending per unit Inventory inventory ne Goods Sold ending Beginning inventory Purchases Jan 20 520 80 $ 6.50 2001 $ 6.00 Jan 30 Weighted Average >