Laker Company reported the following January purchases and sales data for its only product.

Laker Company reported the following January purchases and sales data for its only product.

Date		Activities	Units Acquired at Cost								Units sold at Retail
Jan.	1	Beginning inventory	320	units	@	$	10.40	=	$	3,328
Jan.	10	Sales										175	units	@	$	18.40
Jan.	20	Purchase	390	units	@	$	9.40	=		3,666
Jan.	25	Sales										315	units	@	$	18.40
Jan.	30	Purchase	260	units	@	$	8.40	=		2,184
		Totals	970	units					$	9,178		490	units

Required:

The company uses a perpetual inventory system. For specific identification, ending inventory consists of 480 units, where 260 are from the January 30 purchase, 80 are from the January 20 purchase, and 140 are from beginning inventory. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. (Round cost per unit to 2 decimal places.) Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per unit to 2 decimal places.) Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places.)