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You have the following information for Skysong, Inc. for the month ended October 31, 2022. Skysong uses a periodic method for inventory. Date Description Units
You have the following information for Skysong, Inc. for the month ended October 31, 2022. Skysong uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Beginning inventory Purchase Sale Purchase Sale Oct. 25 Purchase Oct. 29 Sale Calculate the weighted-average cost. (Round answer to 3 decimal places, eg. 5.125.) Weighted average cost per unit $ 35.833 eTextbook and Media List of Accounts 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 $ The cost of goods sold $ Gross profit
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