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S Support You have the following information for Concord Corporation for the month ended October 31, 2022.Concord uses a periodic method for inventory. Date Description
S Support You have the following information for Concord Corporation for the month ended October 31, 2022.Concord uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price 60 Oct. 1 Oct. 9 Beginning inventory Purchase $26 Oct. 11 Sale Oct. 17 Purchase Oct. 22 Sale Oct. 25 Purchase Oct. 29 Sale Your answer is incorrect. Calculate the weighted average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average cost per unit $ e Textbook and Media * Your answer is incorrect. 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 e Textbook and Media List of Accounts X Your answer is incorrect. * Your answer is incorrect. 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 e Textbook and Media List of Accounts Save for Later
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