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You are provided with the following information for Windsor Ltd. for the month ended October 31,2020 . Windsor uses a periodi method for inventory. Calculate
You are provided with the following information for Windsor Ltd. for the month ended October 31,2020 . Windsor uses a periodi method for inventory. Calculate (i) ending inventory, (ii) cost of goods sold, (iii) gross profit, and (iv) gross profit rate under cach of the following method: (1) FIFO. (2) Average-cost. (Round Gross profit rate to 1 decimal place, e.g. 21.5\% and all other answers to 0 decimal places, e.g. 2,150. Round aver unit cost to 3 decimal places, e.g. 25.167.)
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