*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. Unit Cost or Selling Price $41 46 68 68 47 47 73 51 Description Quantity Date June 1 Beginning inventory June 4 Purchase June 10 Sale June 11 Sale return June 18 Purchase June 18 Purchase return June 25 Sale June 28 Purchase 39 139 14 53 68 32 Calculate cost per unit. (Round answer to 2 decimal places, e.g.5.2s.) Weighted-average cost per unit s 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 0 decimal places, e.g. 1,250.) LIFO FIFOAVERAGE-COST The ending inventory $ 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, e.g. 51.2%) FIFO AVERAGE-COST LIFO Gross profit rate Compare the results for the three cost flow assumptions and answer the following questions. gross profit. gives the highest cost of goods sold and the In this period of rising prices, gross profit. gives the lowest cost of goods sold and the