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You have the following information for Nash's Trading Post, LLC for the month ended October 31, 2022. Nash uses a periodic method for inventory. Date

You have the following information for Nash's Trading Post, LLC for the month ended October 31, 2022. Nash uses a periodic method for inventory.

Date

Description

Units

Unit Cost or Selling Price

Oct. 1

Beginning inventory

50 $24

Oct. 9

Purchase

130 26

Oct. 11

Sale

100 40

Oct. 17

Purchase

100 27

Oct. 22

Sale

50 45

Oct. 25

Purchase

60 29

Oct. 29

Sale

110 45

(a1)

Correct answer iconYour answer is correct.

Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.)

Weighted-average cost per unit

$enter weighted-average cost per unit in dollars

eTextbook and Media

List of Accounts

Attempts: 1 of 12 used

(a2)

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.

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 0 decimal place, e.g. 125.)

LIFO

FIFO

AVERAGE-COST

The ending inventory

$enter a dollar amount $enter a dollar amount $enter a dollar amount

The cost of goods sold

$enter a dollar amount $enter a dollar amount $enter a dollar amount

Gross profit

$enter a dollar amount $enter a dollar amount

$enter a dollar amount

I NEED THE END INVENTORY

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