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Lakia Corporation reported the following current-year purchases and sales data for its only product:

Lakia Corporation reported the following current-year purchases and sales data for its only product:
Date
Date Activities Units Acquired at Cost Units Sold at Retail es Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory . . . . . . 120 [email protected] $6.00 = $ 720
Jan. 10 Sales . . . . . . . . . . . . . . . . . . 70 units @ $15
Mar. 7 Purchase . . . . . . . . . . . . . . . 200 [email protected] $5.50 =  1,100
Mar. 15 Sales . . . . . . . . . . . . . . . . . . 125 units @ $15
July 28 Purchase . . . . . . . . . . . . . . . 500 [email protected] $5.00 = 2,500
Oct. 3 Purchase . . . . . . . . . . . . . . . 375 [email protected] $4.40 = 1,650
Oct. 5 Sales . . . . . . . . . . . . . . . . . . 600 units @ $15
Dec. 19 Purchase . . . . . . . . . . . . . . .   100 [email protected] $4.10 =   410 ______
Totals . . . . . . . . . . . . . . . . .   1,295 units   $6,380 795 units
Lakia uses a perpetual inventory system. Ending inventory consists of 500 units, 400 from the July 28 purchase and 100 from the December 19 purchase.
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.

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