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ttempt in Prog You have the following information for Concord Corporation for the month ended October 31, 2022. Concord uses a periodic method for inventory.
ttempt in Prog You have the following information for Concord Corporation for the month ended October 31, 2022. Concord uses a periodic method for inventory. Unit Cost or Selling Price $26 28 40 Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Units 60 130 95 95 60 70 105 29 45 31 45 . Your answer is partially correct. 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 decimal place, e.g. 125.) LIFO FIFO AVERAGE-COST $ 11225 11225 UA 11225 The ending inventory The cost of goods sold Gross profit $ 7585 $ $ $ -7230 $ $ -7416 $ $ 3,640 3,995 $ UA 3.809 e Textbook and Media
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