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Required information Use the following information for the Exercises 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. For specific identification, ending inventory consists of 214 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 29 are from beginning inventory. Exercise 5-3 (Algo) Periodic: Inventory costing methods LO P1 Required: Assume the periodic inventory system is used. Determine the cost assigned to ending inventory and to cost of goods sold using (o) specific identification, (b) weighted average, (c) FIFO, and (c) LIFO. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists are from the January 30 purchase, 5 are from the January 20 purchase, and 29 are from beginning inventory. Assume the periodic inventory system is used. Determine the cost assigned to ending inventory and to cost of goods sold using (o pecific identification, (b) welghted average, (C) FIFO, and ( d LIFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. Note: Round cost per unit to 2 decimal places. ssume the periodic inventory system is used. Determine the cost assigned to ending inventory and to cost of goods sold using (a) pecific identification, (b) weighted average, (c) FIFO, and ( d ) LIFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Assume the periodic inventory system is used. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and ( d ) LIFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO