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solve for thumbs Calculate the gross profit rate under each of the following methods. 1. LIFO. 2. FIFO. 3. Average-cost. (Round answers to 1 decimal

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Calculate the 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\%) 1. LIFO. 2. FIFO. 3. Average-cost. (Round answers to 0 decimal places, eg. 125.)

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