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You have the following information for Kingbird inc. for the month ended October 31, 2022. Kingbird uses a periodic method for inventory. Your answer is

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You have the following information for Kingbird inc. for the month ended October 31, 2022. Kingbird uses a periodic method for inventory. Your answer is incorrect. Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost, (Round answers to 1 decimal place, e.g. 51.2\%)

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