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Not sure how to calculate the Gross Profit Rate (%)... Last question in red Your answer is correct. Calculate the weighted-average cost. (Round answer to

Not sure how to calculate the Gross Profit Rate (%)... Last question in red

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Your answer is correct. Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit $ 26.544 eTextbook and Media List of Accounts Your answer is correct. 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 decimal place, eg. 125.) LIFO FIFO AVERAGE-COST $ 1960 $ 2300 $ 2123 The ending inventory The cost of goods sold Gross profit $ 7065 6725 $ 6902 $ $ $ 5460 5800 $ 5623 eTextbook and Media List of Accounts * Your answer is incorrect 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 % %

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