You have the following Information for Coronado Inc for the month ended June 30, 2022. Coronado uses a periodic inventory system. Unit Cost or Selling Price Date Quantity Description Beginning inventory June 1 40 $23 June 4 Purchase 135 26 June 10 Sale 110 53 June 11 Sale return 15 53 June 18 Purchase 55 29 June 18 Purchase return 10 29 June 25 Sale 65 59 June 28 Purchase 35 33 (a1) Calculate cost per unit. (Round answer to 2 decimal places, s. 5.25) Weighted average cost per unit Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO (2) FIFO.(3) Average- cost. (Round average-cost method answers to 2 decimal places, eg. 1,250.25 and other answers to decimal places, eg. 1,250.) LIFO FIFO AVERAGE-COST The ending inventory $ $ $ The cost of goods sold $ $ $ Gross profit $ $ $ Tas Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 1 decimal place. es. 51.2%) LIFO FIFO AVERAGE-COST Gross proftrate % 90 e Textbook and Media Save for Later Attempts: 0 of 2 used Subenit Answer (b) Compare results for the three cost flow assumptions and answer the following questions gross pront In this period of rising prices, gives the highest cost of goods sold and the gives the lowest cost of goods sold and the gross profit