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4 of 6 View Policies -/1 1 Current Attempt in Progress You have the following information for Crane Inc. for the month ended October 31,
4 of 6 View Policies -/1 1 Current Attempt in Progress You have the following information for Crane Inc. for the month ended October 31, 2025. Crane uses a periodic system for inventory Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 55 $26 Oct. 9 Purchase 140 Oct. 11 Sale Oct. 17 Purchase Oct. 22 Sale Oct. 25 Purchase Oct. 29 Sale 888 90 90 65 100 50 28 45 29 50 31 Calculate the weighted average cost. (Round answer to 3 decimal places, eg. 5.125) Weighted average cost per unit i $ 20.5 eTextbook and Media Question 4 of 6 eTextbook and Media Calculate 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 O decimal places, eg 125) LIFO Ending inventory $ Cost of goods sold $ Gross profit $ eTextbook and Media FIFO AVERAGE-COST -/1 Question 4 of 6 Calculate the gross profit rate under each of the following methods 1.LIFO FIFO. 3. Average cost. (Round answers to 1 decimal place. eg. 51.20 Gross profit rate eTextbook and Media eTextbook Video LIFO -/1 FIFO AVERAGE-COST Assistance Used Save for Later Last saved 1 second ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes Attempts: 0 of 3 used Submit Aver
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