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Check my 13 2012 Required information Use the following information for the Exercises 3-7 below. (Algo) {The following information applies to the questions displayed below.)

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Check my 13 2012 Required information Use the following information for the Exercises 3-7 below. (Algo) {The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 380 units from the January 30 purchase. 5 units from the January 20 purchase, and 25 units from beginning inventory activities Units acquired at cost Uits old at R January 1 Beginning inventory 240 units $ 16.50 $ 3,960 January 10 Sales 100 units $25.50 January 20 Purchase 170 units $15.50 2,035 January 25 Sales $25.50 January 30 380 units O $ 15.00 5,700 Totals $ 12,295 Date 190 units Purchase 790 units 300 units Exercise 5-5 (Algo) Perpetual: Gross profit effects of Inventory methods LO A1 1 Computerreenrofit for the month of an arv for laker Comnany in the rur inunn methode Hip Checy on 13 Required information Complete this question by entering your swers in the W. Part 2 of 2 Reg1 Reg 2 to 4 0.68 points Compute gross profit for the month of January for Laker Company for the four inventory methods. (Round cost per unitin 2 decimal places and final answers to the nearest whole dollars.) ebook HT LAKER COMPANY For Month Ended January 31 Specitic Weighted Identification Average $ 9 690 s 9,6905 6,105 6.124 $ 3.585 s 3,586 $ FIFO LIFO 9,600 5 9,690 P References Sales Cost of goods sold Gross profit 9.600 9,690 Req2 to 4 >

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