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#2 You have the following information for Sunland Inc for the month ended October 31, 2025. Sunland uses a periodic system for imventory: (a1) Calculate
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You have the following information for Sunland Inc for the month ended October 31, 2025. Sunland uses a periodic system for imventory: (a1) Calculate the weighted-averase cost. (Reundoniwer to 3 decinal ploces, es 5.125) Weighted-average cost per unit Your answer is correct. Caiculate ending inventory, cost of goods sold, and gross profit under each of the following methods. 1.LIFO, 2. FIFO. 3. Average-cost. (Round answers to 0 decimal ploces, es, 125) (a3) Calculate the gross profit rate under each of the following methods. 1 LIFO 2. FIFO 3. Average-cont. (Round onswers to 1 decinal place, es 51.220 ) Step by Step Solution
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