Quiz Access (2 hrs) Saved You received partial credit in the previous attempt View previous Required information Reg 1 Reg 2 to 4 Compute gross profit for the month of January for Laker Company for the four inventory methods. (Round cost per unit to decimal places and final answers to the nearest whole dollars.) LAKER COMPANY For Month Endod January 31 Specific Weighted Identification Average 2.700 $ 2,7007 s FIFO LIFO $ 2,700 $ 2,700 Sales Cost of goods sold Gross profit $ 2,700 $ 2,700 5 2,700 5 2.700 Ren Req 2 to 4 > earch of Buiz Access (2 hrs) You received partial credit in the previous attempt View previous atte . ! Required information Use the following information for the Exercises 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 periodic inventory system. For specific identification, ending inventory consists of 214 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 29 are from beginning inventory es Date Activities N. Jan. 1 Beginning inventory Jan. 18 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Units Acquired at Cost Units sold at Retail 147 units @ $6.00 - $ 882 93 units @ $15.00 67 units @ $5.00 - 335 87 units @ $15.00 180 units @ $4.50 - 810 394 units $2,027 188 units Totals O etc search