Oct 17 - 270 is the unit cost

Problem 6-05A al-a3 You have the following information for Novak Corp. for the month ended October 31, 2022. Novak uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 60 $24 Oct. 9 Purchase 140 26 Oct. 11 Sale 95 45 Oct. 17 Purchase 95 270 Oct. 22 Sale 60 50 Oct. 25 Purchase 70 29 Oct. 29 Sale 105 50 Your answer is incorrect. Try again. Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit 26.507 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO Your answer is partially correct. 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 2610 2975 2783 SU The cost of goods sold 7065 6700 6892 Gross profit 5460 5825 5633 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO x Your answer is incorrect. Try again. Calculate gross profit rate under each of the following methods. (1) LIFO FIFO. (3) Average-cost. (Round answers to 1 decimal place, e.g. 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate 43.6% 46.5% 45% Click if you would like to Show Work for this question: Open Show Work