You have the following information for Bonita Industries for the month ended October 31, 2017. Bonita Industries uses a periodic method for inventory.

Date		Description		Units		Unit Cost or Selling Price
Oct. 1		Beginning inventory		63		$24
Oct. 9		Purchase		117		26
Oct. 11		Sale		100		37
Oct. 17		Purchase		103		27
Oct. 22		Sale		63		42
Oct. 25		Purchase		68		29
Oct. 29		Sale		110		42

Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost.

Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost