Refer to Exercise 17-1 and assume the perpetual inventory system is used. Determine the...

Refer to Exercise 17-1 and assume the perpetual inventory system is used. Determine the costs assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. (Round per unit costs to three decimals, but inventory balances to the dollar.)

Exercise 17-1

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

Laker uses a periodic inventory system. Ending inventory consists of 190 units, 100 from the January 30 purchase, 70 from the January 20 purchase, and 20 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. (Round per unit costs to three decimals, but inventory balances to the dollar.)