Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Date Activities January 1 Beginning inventory Units Acquired at Cost 225 units @ $ 15.00 - Units sold at Retail $ 3,375 January 10 Sales 175 units e $ 24.00 January 20 Purchase 180 units @ $ 14.00- 2,520 January 25 Sales 210 units $ 24.00 January 30 Purchase Totals 385 units @ 790 units $ 12.00- 4,620 $ 10,515 385 units e Company uses a periodic inventory system. For specific identification, ending inventory consists of 385 units from the January 30 rchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending entory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. Complete this question by entering your answers in the tabs below. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inver January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. Complete this question by entering your answers in the tabs below. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists of 3 January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. a) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold # of units Cost per unit Cost of Goods Available for Sale # of units in # of units sold Cost per unit Cost of Goods Sold ending inventory Ending Inventory Cost per unit Ending Inventory Beginning inventory Purchases: January 20 January 30 Total $ 0 0 $ 0 0 $ 0