Question: I need help figuring out what the cost per unit is. I have tried to calculate the weighted cost and using the cost in the

I need help figuring out what the cost per unit is. I have tried to calculate the weighted cost and using the cost in the required information section but I cant seem to figure it out.  I need help figuring out what the cost per unit is.I have tried to calculate the weighted cost and using the cost

! Required information Use the following information for the Exercises 3-7 below. (Algo) (The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 220 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 35 are from beginning inventory. 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 150 units @ $6.00 = $ 900 90 units @ $15.00 70 units @ $5.00 = 350 90 units @ $15.00 180 units @ $4.50 = 810 400 units $2,060 180 units Exercise 5-5A (Algo) Perpetual: Inventory costing LO P3 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. Exercise 5-5A (Algo) Perpetual: Inventory costing LO P3 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Specific id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) Inventory Balance Weighted Average - Perpetual: Goods Purchased Cost Date # of units per unit January 1 # of units sold Cost of Goods Sold Cost per Cost of Goods unit Sold # of units Cost per unit Inventory Balance 150 S 6.00 $ 900.00 January 10 90@ $ 6.00 $ 540.00 January 20 70 @ $ 5.00 70 @ @ @ S 5.00 350.00 350.00 Average cost 70 $ January 25 90 @ S 5.15 $ 463.50 January 30 180 @ S 4.50 @ S 4.50 = 810.00 180 180 Totals $ 1,003,50 @

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