Problem 6-5A You have the following information for Kingbird, Inc. for the month ended October 31, 2017. Kingbird, Inc. uses a periodic method for inventory.

Problem 6-5A You have the following information for Kingbird, Inc. for the month ended October 31, 2017. Kingbird, Inc. uses a periodic method for inventory. Date Oct. 1 Beginning inventory Oct. 9Purchase Oct. 11 Sale Oct. 17 Purchase Oct. 22 Sale Oct. 25 Purchase Oct. 29 Sale Description Units 63 124 93 94 60 65 103 Unit Cost or Selling Price $23 25 37 26 42 28 42 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 O decimal place, e.g. 125.) LIFO FIFO AVERAGE-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, eg. 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate