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Laker Company reported the following January purchases and sales data for its only product. Exercise 53 Perpetual: Inventory cosing methods P1 Required The company uses

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Laker Company reported the following January purchases and sales data for its only product. Exercise 53 Perpetual: Inventory cosing methods P1 Required The company uses a perpetual iaventory system. Determine the coxt assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) L.IFO. (Round per unit oonts and inventory amounts to cents.) For specific identification, ending imventory consists of 180 uniss from the January 30 purchase, 5 units from the January 20 purchase, and I 5 units from beginning inventory

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