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Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Units
Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Units 70 120 90 90 70 80 100 Unit Cost or Selling Price $22 24 35 40 27 40 Calculate the weighted average cost. (Round answer to 3 decimal places, eg. 5.125.) Weighted average cost per unit $ e Textbook and Media List of Accounts 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 O decimal place, eg. 125.) LIFO FIFO AVERAGE-COST $ $ $ The ending inventory The cost of goods sold $ $ $ Gross profit $ $ $ e Textbook and Media List of Accounts Calculate gross proftrate under each of the following methods. (1) LIFO (2) FIFO (3) Average cost. (Round answers to 1 decimal place, 63.51.2%) LIFO FIFO AVERAGE-COST Gross profit rate % %
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