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Assume the perpetual inventory system is used.doll ar Required: Compute gross profit for the month...

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Accounting

Assume the perpetual inventory system is used.doll ar
Required:
Compute gross profit for the month of January for Laker Company for the four inventory methods.
Which method yields the highest gross profit?
Does gross profit using weighted average fall between that using FIFO and LIFO?
If costs were rising instead of falling, which method would yield the highest gross profit?
Complete this question by entering your answers in the tabs below.
Compute gross profit for the month of January for Laker Company for the four inventory methods.
Note: Round cost per unit to 2 decimal places and final answers to the nearest whole dollars.
That is all the information I have.
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