You have the following information for Pina Colada Inc. for the month ended October 31, 2022. Pina Colada uses a periodic method for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 Beginning inventory Description Purchase Sale Purchase Sale Purchase Sale Units Unit Cost or Selling Price $22 56 108 94 94 56 71 104 24 32 25 37 27 37 D

CALCULATE GROSS PROFIT RATE UNDER EACH OF THE FOLLOWING METHODS

(1)LIFO

(2)FIFO

(3) Average Cost (round answers to 1 decimal place)

You have the following information for Pina Colada inci for the month ended October 31,2022 Pina Colada uses a periodic method for inventory