You have the following information for Blossom Company for the month ended October 31, 2022. Blossom uses a periodic method for inventory. 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 65 130 90 90 65 75 100 Unit Cost or Selling Price $24 26 40 27 45 29 45 Your answer is correct. Calculate the weighted average cost. (Round answer to 3 decimal places, eg. 5.125.) Weighted-average cost per unit $ 26.514 eTextbook and Media List of Accounts 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 decimal place, eg. 125.) LIFO FIFO AVERAGE-COST $ 2260 $ 2599 $ 2425 The ending inventory The cost of goods sold Gross profit $ 7667 $ 7328 $ 7502 $ 2643 $ 2985 $ 2811 eTextbook and Media List of Accounts * 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, eg. 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate % 3793 % % 4171 3975 eTextbook and Media List of Accounts