You have the following information for Sheridan Company for the month ended October $31,2022.$ Sheridan Company uses a periodic method for inventory.

$($a$1)$

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$($a$2)$

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$($a$3)$

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$.51\mathrm{.}2\%)$

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