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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 260 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory Date Activities Units Acquired at cost Units sold at Retail January 1 Beginning inventory 170 unit. $ 9.50 - $ 1,615 January 10 Sales 130 units $ 18.50 January 20 Purchase 120 unita $ 8.50 - 1,020 January 25 Sales 130 units $ 18.50 January 30 Purchase 260 unito e $ 8.00 2,080 Totals 550 units $ 4,715 260 unito quired: omplete 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. Petermine the cost assigned to ending inventory and to cost of goods sold Issing FIFO. etermine the cost assigned to ending Inventory and to cost of goods sold using LIFO. Complete this question by entering your answers in the tabs below. pecific Id Weighted Average FIFO LIFO mplete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Specific Identification Available for Sale Cost of Goods Sold Ending Inve Endinn

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