a3) calculate gross profit rate under each of the following method 1) lifo 2) fifo 3) average-cost

Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost (Round answers to i dedi LIFO FIFO AVERAGE-COST Gross profit rate % 9 LINK TO TEXT Compare the results for the three cost flow assumptions and answer the following questions gross profit. In this period of rising prices, gives the highest cost of goods sold and the gives the lowest cost of goods sold and the . gross pront Click If you would like to Show Work for this question Open Shaw