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The following information applies to the questions displayed below Laker Company reported the following January purchases and soles data for its only product Date Activities

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The following information applies to the questions displayed below Laker Company reported the following January purchases and soles data for its only product Date Activities Units Acquired at Cost Jon. 1 Beginning inventory 270 units 9.40$2.538 Jan. 10 Sales Jon.20 Purchase Jon.25 Sales Jan.30 Purchase Units sold at Retai 150 units 1740 265 units $17.40 340 units $8.402,856 210 unitsS 7401554 820 units Totals S6,948 15units Required: The company uses a perpetual inventory system. For specific identification, ending inventory consists of 405 units, where 210 are from the January 30 purchase, 80 are from the Januery 20 purchase, and 115 are from beginning inventory

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