-14 rrent Attempt in Progress Zou have the following information for Kingbird, Inc. for the month ended October 31, 2022. Kingbird uses a periodic method for nventory Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 55 $22 Oct. 9 Purchase 120 24 Oct. 11 Sale 90 45 Purchase Oct. 17 90 25 50 Oct. 22 Sale 55 65 27 Oct. 25 Purchase 100 50 Oct. 29 Sale Calculate the weighted average cost. (Round answer to 3 decimal places, e.g. 5.125.) $ 24.530 Weighted average cost per unit estion 5 of 5 -/4 E Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO (3) Average-cost. (Round answers to O decimal place, eg. 125.) LIFO FIFO AVERAGE-COST $ The ending inventory $ $ $ $ $ The cost of goods sold $ $ $ Gross profit e Textbook and Media List of Accounts - 1 Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 1 decimal place, e g. 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate % % %6 e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit An Save for Later Last saved 22 seconds ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes