29:45 k t ces Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Date Activities January 1 Beginning inventory January 10 Sales January 20 Purchase January 25 Sales January 30 Purchase Totals Units Acquired at Cost 140 units @ $ 6.00 = 60 units @ $ 5.00 $ 4.50 180 units 380 units @ = = $ 840 300 810 $ 1,950 Units sold at Retail $ 15 $15 100 units 80 units @ 180 units

Laker Company reported the following January purchases and sales data for its only product. For specific dentification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory