Question: instructions are on the first pic! please help with fifo, weighted average, & lifo Required information [The following information applies to the questions displayed below.]

![displayed below.] Laker Company reported the following January purchases and sales data](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/09/66e2bcc04743f_48766e2bcbfe033c.jpg)

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. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. Required: 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 FFFO. 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. etermine the cost assigned to ending inventory and to cost of goods sold using FIFO. termine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal piaces etermine the cost assigned to ending inventory and to cost of goods sold using LIFO
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