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You are provided with the following information for Swifty Inc. for the month ended June 30, 2020. Swifty uses the periodic method for inventory.

Date				Description		Quantity		Unit Cost or Selling Price
June		1		Beginning inventory		45		$42
June		4		Purchase		138		45
June		10		Sale		111		73
June		11		Sale return		18		73
June		18		Purchase		55		48
June		18		Purchase return		12		48
June		25		Sale		63		79
June		28		Purchase		32		53

(a1)

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Your answer is incorrect.

Calculate cost per unit. (Round answer to 2 decimal places, e.g. 5.25.)

Weighted-average cost per unit

$Enter the weighted-average cost per unit in dollars

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(a2)

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		FIFO		AVERAGE-COST
The ending inventory		$Enter a dollar amount		$Enter a dollar amount		$Enter a dollar amount
The cost of goods sold		$Enter a dollar amount		$Enter a dollar amount		$Enter a dollar amount
Gross profit		$Enter a dollar amount		$Enter a dollar amount		$Enter a dollar amount