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You have the following information for Novak Inc. for the month ended October 31, 2022. Novak uses a periodic method for inventory. Units 63 Unit

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You have the following information for Novak Inc. for the month ended October 31, 2022. Novak uses a periodic method for inventory. Units 63 Unit Cost or Selling Price $24 26 113 38 104 Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale 27 100 43 63 76 29 43 105 Calculate ending inventory.cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round per unit cost to 3 decimal places, eg. 15.647 and final answers to decimal places, eg. 5,125) FIFO AVERAGE-COST LIFO $ $ $ $ $ The ending inventory The cost of goods sold Gross profit $ 5 $ $

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