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Laker Company reported the following January purchases and sales data for its only product. For...

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Accounting

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Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 270 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. he Company uses a periodic inventory system. For specific identification, ending Inventory consists of 270 units from the January 30 urchase, 5 units from the January 20 purchase, and 15 units from beginning inventary. Determine the cost assigned to ending Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending invertory co January 30 purchate, 5 units from the January 20 purchase, and 15 units from beginning inventory

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