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a) Specific identification Welghted Averseg [7he tollowing information applies to the questions displayed below] Laker Company reported the followng January purchases and sales data for its only procuct. For specific identification. ending inventory consists of 340 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. e Company uses a periodic inventory system. For specific identification, ending inventory consists of 340 units from the January 30 tichase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending Detormine the cost assigned to ending inventory and to cost of goods sold using L1F0 biWeiohted wreroge - Periodic \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline & \multicolumn{3}{|c|}{ Cont of Coods Avallatie for Sale } & \multicolumn{3}{|c|}{ Cost of Coods Sold } & \multicolumn{3}{|c|}{ Finding inventory } \\ \hline & of units & \begin{tabular}{l} Average Cost \\ per unit \end{tabular} & \begin{tabular}{l} Cost of Goods \\ Available for: \\ Sale \end{tabular} & \begin{tabular}{l} Sof onits \\ sold \end{tabular} & \begin{tabular}{l} Averege \\ Cost per \\ Unit \end{tabular} & \begin{tabular}{c} Cost of Goodn \\ seld \end{tabular} & \begin{tabular}{l} Fof untze in \\ ending \\ inventory \end{tabular} & \begin{tabular}{l} Average Cost \\ per unit \end{tabular} & \begin{tabular}{l} Ending \\ iniventory \end{tabular} \\ \hline \multicolumn{10}{|c|}{ Begning mventory } \\ \hline \multicolumn{10}{|c|}{ Purchases- } \\ \hline \multicolumn{10}{|c|}{ Saniavy 20} \\ \hline \multicolumn{10}{|c|}{ January 39} \\ \hline Fotal & 0 & & 5 & & & & & & \\ \hline \end{tabular} Speciffe ld FFO Dotermine the cost assigned to ending iriventory and to cost of goods sold using FFFO

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