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

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Required information [The following information applios 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 305 units, where 275 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Pequlred: Determine the cost assigned to ending inventory and to cost of goods sold using (o) specific identification. (b) weighted average, (G) IFO, and (d) LIFO. Complete this questions by entering your answers in the below tabs. Determine the cost assigned to ending inventory and to cost of goods sold using speciic identification. For specific identification, ending inventory cons 305 units, where 275 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Complete this questions by entering your answers in the below tabs. Determine the cost assigned to ending inventory aod to cost of goods sold using specific identification. for specifc ldentification, endiag inventocy contists of 305 units, where 275 are from the Jandacy 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory

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