P6-5A You have the following information for Van Gogh Inc. for the month ended Octo- Calculat of goods gross pro Units Unit Cost or Selling Price method; LO 2), AP ber 31, 2017, Van Gogh uses a periodic method for inventory Date Description Oct. Being inventory Oct. 9 Purchase Oct. 11 Sale Oct. 17 Purchase Oct. 22 Sale Oct. 25 Purchase Oct. 29 Sale 60 120 100 100 60 70 110 $24 26 35 27 40 29 40 Instructions (a) Calculate (i) ending inventory, (ii) cost of goods sold, (ii) gross profit, and (iv) gross (a) Gro profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round cost per unit to three decimal places.)