K es Laker Company reported the following January purchases and sales data for its only product For specific identification

Question

K es Laker Company reported the following January purchases and sales data for its only product For specific identification ending inventory consists of 210 units from the January 30 purchase 5 units from the January 20 purchase and 30 units from beginning inventory Date January 1 January 10 January 20 January 25 January 30 Activities Beginning inventory Sales Purchase Sales Purchase Totals Assume the perpetual inventory system is used Required Specific Identification Weighted Average Complete the table to determine the Complete this question by entering your answers in the tabs below Units Acquired at Cost 155 units 8 00 1 240 90 units 7 00 6 50 FIFO 210 units 455 units LIFO 630 1 365 3 235 Units sold at Retail e 95 units 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 115 units 210 units 17 00 17 00 Check my work

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