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can someone answer this using the average cost method? 5 pc Assume that three identical units of merchandise are purchased during October, as follows: Units

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can someone answer this using the average cost method?

5 pc Assume that three identical units of merchandise are purchased during October, as follows: Units October 5 Purchase 12 Purchase 28 Purchase Total Cost $5 13 15 $33 Assume ane unit is sold on October 31 for $28. Determine Cost of Merchandise Sold, Gross Profit, and Ending Inventory under the Average Cost method. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TT T Arial 3 (12pt) T. 111

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