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ileyPLUS Weygandt, Financial Accounting, 10e SGNMENT SOURCES Problem 6-5A You are provided with the following information for Windsor Inc. for the month ended June 30, 2019. Windsor uses the periodic method for inventory. Brief Exercise 6-4 Unit Cost or DatescriptionQuantity eling Price June 1l Beginning inventory June 4 Purchase June 10 Sale June 11 Sale return June 18 Purchase June 18 Purchase return June 25 Sale June 28 Purchase 40 136 114 $38 73 73 eview Results by 58 64 79 31 48 Calculate cost per unit. (Round answer to 2 decimal places, e.g. 5.25.) Weighted-average cost per unit Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round average-cost method answers to 2 decimal places, e.g. 1,250 LIFO FIFO AVERAGE-COST The ending inventory The cost of goods sold Gross profit s Calculate gross profit rate under each of the following methods. 1) LIFO (2) FIFO (3) Average cost. (Round answers to 1 dec mal place, e g. 51.2%.) LIFO FIFO AVERAGE-COST Gross profit rate Compare the results for the three cost flow assumptions and answer the followang question In this period of rising prices, LIFO gives the- cost of goods sold and the gross profit. FIFO gives the cost of goods sold and the gross profit