Problem 6-05A a1-a3,b (Video) You are provided with the following information for Concord Inc. for the month ended June 30, 2020 Concord uses the periodic method for inventory. une Begining isventory une to Sole une 1 Sale return une 18 Purchase June 18 une 25 Sale une 28 Purchase 107 13 67 Purchase return 71 30 Calculate cost per unit. (Round answer to 2 decimal places, e.g. 5.25.) eiged-average cost per unit Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round average-cost method answers to 2 decimal places, e.g. 1,250.25 and other answers to O decimal places, e.g. 1,250.,) AVERAGE-COST The ending ivetorys The cost of goods sold Gross profit Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 1 decimal place, eg. 51.296.) Gross profit rate Compare the results for the three cost flow assumptions and answer the following questions. In this period of rising prices gives the highest cost of goods sold and the gross profit. gives the lowest cost of goods sold and the gross profit. Click if you would like to Show Work for this question: OenShow War