Calculate gross profit rate under each of the following methods. (1) LIFO (2) FIFO (3) Average-cost. ( Round answers to 1 decimal place, e.g. 51.2%

Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 1 decima place, e.g. 51.2%.) LIFO FIFO AVERAGE-COST Gross profit rate % % % eTextbook and Media Assistance Used Save for Later Attempts: 0 of 3 used Submit Answerwork: Chapter Question 2 of 5 1.4 / 5.6 You are provided with the following information for Swifty Inc. for the month ended June 30, 2020. Swifty uses the periodic meth for inventory. Unit Cost or Date Description Quantity Selling Price June 1 Beginning inventory 45 $42 June 4 Purchase 138 45 June 10 Sale 111 73 June 11 Sale return 18 73 June 18 Purchase 55 48 June 18 Purchase return 12 48 June 25 Sale 63 79 June 28 Purchase 32 53 59'F Cloud