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You have the following information for Crane Inc. for the month ended October 31, 2025. Crane uses a periodic system for inventory. Date Oct. 1

You have the following information for Crane Inc. for the month ended October 31, 2025. Crane uses a periodic system 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 Weighted-average cost per unit eTextbook and Media Units 50 Ending inventory 130 $ 100 100 50 60 110 1. LIFO. 2. FIFO. 3. Average-cost. (Round answers to O decimal places, e.g. 125.) Unit Cost or Selling Price $24 Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) LIFO 26 40 $ 27 Calculate ending inventory, cost of goods sold, and gross profit under each of the following methods. 45 29 45 FIFO $ AVERAGE-COST
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You have the following information for Crane Inc. for the monthended October 31, 2025. Crane uses a periodic system for inventory. Calculate the weighted-average cost. (Round answer to 3 decimal places, es. 5.125.) Weighted-average cost per unit eTextbook and Media Calculate ending inventory, cost of goods sold, and gross profit under each of the followine methods 1. UFO 2. FIFO. 3. Average cost. (Round answers to 0 decimal ploces, es. 125). Calculate ending inventory, cost of goods sold, and gross profit under each of the following methods. 1. LIFO. 2. FIFO. 3. Average-cost. (Round answers to 0 decimal places, es. 125.) Calculate the gross profit rate under each of the following methods. 1 UFO. 2. FIFO. 3. Average-cost. (Round answers to 1 decimal place, es. 51.290)

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