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Seved Help Save & Exit Submit Check my Required information. Use the following information for the Exercises 3-7 below. (Algo) (The following information applies

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Seved Help Save & Exit Submit Check my Required information. Use the following information for the Exercises 3-7 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 202 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 17 are from beginning inventory Activities January 1 Beginning inventory Date January 10 Sales January 20 Purchase January 25 Sales January 30 Purchase Totals 141 units @ Units Acquired at Cost $6.00 - Units sold at Retai $ 846 99 units 0 $ 15.00 61 units $5.00 - 305 01 units $ 15.00 180 units $4.50 - 810 382 units $ 1,961 188 units Exercise 5-5A (Algo) Perpetual: Inventory costing LO P3 + Leart of goods soldusion specific-identification 9

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