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You have the following information for Ivanhoe Inc. for the month ended October 31,2025 . Ivanhoe use5 a periodic system for inventory. Calculate the weighted-average
You have the following information for Ivanhoe Inc. for the month ended October 31,2025 . Ivanhoe use5 a periodic system for inventory. Calculate the weighted-average cost. (Round onswer to 3 decimal ploces, eg. 5.125) Weighted-average cost per unit Calculate ending imventory, cost of goods sold, and gross profit under each of the following methods. 1. LFO. 2. FIFO. 3. Average-cost. (Round answers to 0 decimal places, eg. 125.) Calculate the 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\%)
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