Calculate the ending inventory, cost of goods sold, gross profit, and gross profit rate under

1. LIFO 2. FIFO 3. Average cost

P6-5A You are provided with the following information for Koetteritz Inc. for the month ended June 30, 2017. Koetteritz uses the periodic method for inventory. Unit Cost or Selling Price $40 43 70 70 46 46 76 50 Date Description June 1 Beginning inventory June 4 Purchase June 10 Sale Quantity 40 135 110 15 June 11so Sale return June 18 Purchase June 18 Purchase returr June 25 Sale June 28 Purchase 10 65 35