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Problem 6-05A al-a3 You have the following information for Skysong, Inc. for the month ended October 31, 2022. Skysong uses a periodic method for inventory.

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Problem 6-05A al-a3 You have the following information for Skysong, Inc. for the month ended October 31, 2022. Skysong uses a periodic method for inventory. Units Unit Cost or Selling Price $26 Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Calculate the weighted average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted 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 answers to 0 decimal place, e.g. 125.) LIFO FIFO AVERAGE-COST The ending inventory s The cost of goods solds 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%) LIFO FIFO AVERAGE-COST Gross profit rate % % % Click if you would like to Show Work for this question: Open Show Work

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