kmarks Profiles Tab Window Help My Apps Homepage - MATH 115 Sec 25 x Chapter 6 Homework X NWP Assessment Player Ul Arx + 12/assessment-player/index.html?launchid=90bfe9e5-9840-4011-9bbd-00564ea0a53c#/question/1 Question 2 of 12 0.67/1 View Policies Show Attempt History Current Attempt in Progress You have the following information for Oriole Company for the month ended October 31, 2022. Oriole uses a periodic method for Inventory Date Units Unit Cost or Selling Price Description Beginning inventory Oct. 1 55 $ 26 Oct. 9 Purchase 130 28 Oct. 11 Sale 95 45 Oct 17 Purchase 95 29 Oct. 22 Sale 55 50 Oct. 25 Purchase 65 31 Oct. 29 Sale 105 50 (1) Your Answer Correct Answer (a3) Your answer is incorrect. Calculate gross proft rate under each of the following methods. (1) LIFO (2) FIFO. (3) Average-cost. (Round answers to 1 decimal place, es: 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate % %6 eTextbook and Media List of Accounts Save for Later Attempts: 1 of 2 used Submit Answer kmarks Profiles Tab Window Help My Apps Homepage - MATH 115 Sec 25 x Chapter 6 Homework X NWP Assessment Player Ul Arx + 12/assessment-player/index.html?launchid=90bfe9e5-9840-4011-9bbd-00564ea0a53c#/question/1 Question 2 of 12 0.67/1 View Policies Show Attempt History Current Attempt in Progress You have the following information for Oriole Company for the month ended October 31, 2022. Oriole uses a periodic method for Inventory Date Units Unit Cost or Selling Price Description Beginning inventory Oct. 1 55 $ 26 Oct. 9 Purchase 130 28 Oct. 11 Sale 95 45 Oct 17 Purchase 95 29 Oct. 22 Sale 55 50 Oct. 25 Purchase 65 31 Oct. 29 Sale 105 50 (1) Your Answer Correct Answer (a3) Your answer is incorrect. Calculate gross proft rate under each of the following methods. (1) LIFO (2) FIFO. (3) Average-cost. (Round answers to 1 decimal place, es: 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate % %6 eTextbook and Media List of Accounts Save for Later Attempts: 1 of 2 used Submit