Please Provide an explanation as well. Any help is greatly appreciated!

ACC 201, Sec 001, Spring 2020, Miller (1) Homework: Graded MAL HW #6 [Ch 6] Spr 2020 Score: 0 of 19 pts 5 of 14 (0 complete) Instructor-created question Assume that a company started October with 60 units of merchandise inventory that cost $68 each. During October, the company made the following purchases: (Click the icon to view the purchases.) The company uses a periodic inventory system. Assume that a physical inventory count on October 31 indicates that 90 units are on hand. (For weighted average calculations, round per unit costs to the nearest cent and all other amounts to the nearest dollar.) 1 Data Table - X (A) Calculate the cost of ending inventory, and cost of goods sold for October, using each inventory costing method. Oct. FIFO LIFO Weighted-average 3 12 18 40 units @ $ 50 units @ $ 30 units @ $ 72 each 90 each 92 each Ending inventory Cost of goods sold (B) Assume that total sales revenue for October was $24,000. Calculate gross profit for October using each inventory costing method. Print Print Done Done FIFO Cost LIFO Cost Weighted average Gross profit