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You have the following information for Concord Corporation for the month ended October 31, 2022. Concord uses a periodic method for inventory. Date Description Units
You have the following information for Concord Corporation for the month ended October 31, 2022. Concord uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price 60 Oct. 1 Oct. 9 Oct 11 Oct 17 Oct. 22 Oct. 25 Beginning inventory Purchase Sale Purchase Sale Purchase Oct. 29 Sale Calculate the weighted average cost. (Round answer to 3 decimal places, c.8. 5.125.) Weighted average cost per unit $ e Textbook and Media List of Accounts 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, s. 125.) LIFO FIFO AVERAGE-COST The ending inventory The cost of goods sold Gross profit $ eTextbook and Media List of Accounts
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