Saved Help Save & Exit Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question [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 270 units from the purchase, 5 units from the January 20 purchase, and 10 units from beginning inventory. ary 30 Date January 1 January 10 January 20 January 25 January 30 Activities Beginning inventory Sales Purchase Sales Purchase Totals 270 units @ 555 units Units Acquired at Cost 185 units @ $11.00- 100 units e $10.00- $9.50- Units sold at Retail $ 2,035 145 units $ 20.00 1,000 125 units $ 20.00 2,565 $5,600 270 units equired: Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Prev 1 of 4 Next >