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Date Oct. 1 Beginning inventory Oct. 9 Purchase Oct. 11 Sale Oct. 17 Purchase Oct. 22 Sale Oct. 25 Purchase Oct. 29 Sale Description Units
Date Oct. 1 Beginning inventory Oct. 9 Purchase Oct. 11 Sale Oct. 17 Purchase Oct. 22 Sale Oct. 25 Purchase Oct. 29 Sale Description Units 63 124 93 94 60 65 103 Unit Cost or Selling Price $23 25 37 26 42 28 42 Your answer is incorrect. Try again Calculate the weighted-average cost. (Round answer to 3 decimai places, e.g. 5.125.) Weighted-average cost per unit 31.728 SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR PROBLEM Your answer is incorrect. Try again. Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO (2) FIFO (3) Average-cost. (Round answers to 0 decimal place, e.g. 125.) LIFO FIFO AVERAGE-COST The ending inventory 10287 10287 10287 The cost of goods sold 6314 -6696 -6505 Gross profit 3973 3581 3777 Your answer is incorrect. Try again. Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO (2) FIFO (3) Average-cost. (Round answers to 0 decimal place, e.g. 125.) LIFO FIFO AVERAGE-COST The ending inventory 10287 10287 10287 The cost of goods sold -6314 -6696 -6505 Gross profit 3973 3581 3777 SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEOr SIMILAR PROBLEM Your answer is partially correct. Try again Calculate gross profit rate under each of the following methods. (1) LIFO (2) FIFO (3) Average-cost. (Round answers to 1 decimal place, eg. 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate 38.6 % 34.811 % 36.71 % Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEOr SIMILAR
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