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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. Date Description Units

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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. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 55 Oct. 9 Purchase Oct. 11 Oct. 17 Sale Purchase Oct. 22 Oct. 25 Sale Purchase Oct. 29 Sale Calculate the weighted average cost. (Round answer to 3 decimal places, eg. 5.125) Weighted average cost per units 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, e.g. 125.) LIFO FIFO AVERAGE-COST The ending inventory $ The cost of goods sold $ Gross profit e Textbook and Media List of Accounts 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%) LIFO FIFO AVERAGE-COST Gross profit rate e Textbook and Media List of Accounts

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