21 Question 2 of 6 -/15 View Policies Current Attempt in Progress You are provided with the following information for Tamarisk Ltd. for the month ended October 31, 2020, Tamarisk uses a periodic method for inventory Description Unit Cost or Selling Price Beginning inventory Purchase Date Units October 1 63 34 October 9 126 36 October 11 Sale 110 43 October 17 Purchase 71 37 October 22 Sale 67 47 October 25 Purchase 94 37 October 29 Sale 126 47 formohods - 5 = October 29 Sale 126 47 (1) FIFO Calculate (1) ending inventory, cost of goods sold, in) gross profit, and (iv) gross profit rate under each of the following methods. (2) Average-cost (Round Gross profit rate to 1 decimal place, 05. 21.5% and all other answers to O decimal places, eg 2,150. Round everage unit cost to 3 decimal places, s. 25.167.) FIFO AVERAGE-COST The ending inventory E The cost of goods sold E Gross profit Gross profit rate 26 Attemats: 0 of 3 used Submit