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Calculate ending inventory, cost of goods sold, gross profit under each of the following methods: (1) L.IFO, (2) FIFO. (3) Averagecost. (Round average-cost method answers

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Calculate ending inventory, cost of goods sold, gross profit under each of the following methods: (1) L.IFO, (2) FIFO. (3) Averagecost. (Round average-cost method answers to 2 decimal places, eg. 1,250,25 and other answers to 0 dedimat places, eit 1,250) You have the foliowing information for Swity inc. for the month ended June 30,2022 . Swiftr uses a periodic inventory system. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Date } & Description & Quantity & \begin{tabular}{l} Unit Cost or \\ Selling Price \end{tabular} \\ \hline June & 1 & Deginning inventory & 40 & $21 \\ \hline June & 4 & Purchase & 135 & 24 \\ \hline June & 10 & Sale & 110 & 51 \\ \hline June & 11 & Sale return & 15 & 51 \\ \hline June & 18 & Purchase & 55 & 27 \\ \hline Jume & 18 & Purchase return & 10 & 27 \\ \hline June & 25 & Sale & 65 & 57 \\ \hline June & 28 & Purchiase & 35 & 31 \\ \hline \end{tabular} diace es. 5121

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