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A)Calculate the weighted average cost per unit andthen calculate(i) ending inventory, (ii) cost of goods sold, (iii) gross profit, and (iv) gross profit rate under

A)Calculate the weighted average cost per unit andthen calculate(i) ending inventory, (ii) cost of goods sold, (iii) gross profit, and (iv) gross profit rate under each of the following methods.(1)LIFO (2) FIFO (3) Average cost B)Compare results for the three cost flow assumptions. C)After doing it with the periodic system do it again using the perpetual system.

You are provided with the following information for Najera Inc. for the month ended June 30, 2017. Najera uses the periodic method for inventory.

Date quantity unit cost or selling price
June 1 Beginning inventory 38 $42
June 4 Purchase 137 46
June 10 Sale 115 69
June 11 Sale return 18 69
June 18 Purchase 54 48
June 18 Purchase return 8 48
June 25 Sale 64 74
June 28 Purchase 30

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