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Required information [ The following information applies to the questions displayed below. ] Laker Company reported the following January purchases and sales data for its

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[The following information applies to the questions displayed below.]
Laker Company reported the following January purchases and sales data for its only product. For specific identification ending inventory consists of 380 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 un from beginning inventory.
\table[[Date,,Activities,Units,Acq,uis,ced at,Cost,,Units sold,at,Reta,],[January,,Beginning inventory,240 units,@,$,16.50=,=,3,960,,,,],[January,10,Sales,,,,,,,190 units,@,\table[[$
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