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Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. 3 . Determine the
Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system.
Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. please give answers for the lower chart with the yellow boxes
tableDateActivities,Units Acquired at Cost,Units Sold at RetailUnitstableCostper unitTotal cost,Units,tableSelling priceper unitTotal SalesJanuary Beginning inventory,$$January Sales,,,,$$
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