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etermine the cost assigned to ending inventory and to cost of goods sold using FIFO 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. For specific identification, ending inventory consists of 228 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 43 are from beginning inventory. quired: jume the periodic inventory system is used. Determine the cost assigned to ending inventory and to cost of goods sold using (a) cific identification, (b) weighted average, (c) FIFO, and ( d ) LIFO. Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory co are from the January 30 purchase, 5 are from the January 20 purchase, and 43 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. 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. e cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists of 228 units, where 180 January 30 purchase, 5 are from the January 20 purchase, and 43 are from beginning inventory. \begin{tabular}{|l|l|l|l|l|l|l|l|l|l|} \hline ntification & \multicolumn{2}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline \# of units & Costperunit & CostofGoodsAvailableforSale & #ofunitssold & Costperunit & CostofGoodsSold & #ofunitsinendinginventory & Costperunit & EndingInventory \\ \hline & & & & & & & & \\ \hline & & & & & & & & & \\ \hline \end{tabular}

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