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You have the following information for Splish Brothers Inc. for the month ended October 31, 2022. Splish Brothers uses a periodic method for inventory. Date
You have the following information for Splish Brothers Inc. for the month ended October 31, 2022. Splish Brothers uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 60 $24 Oct. 9 Purchase 125 26 Oct. 11 Sale 107 37 Oct. 17 Purchase 94 27 Oct. 22 Sale 64 42 Oct. 25 Purchase 71 29 Oct. 29 Sale 104 42 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, e.g. 15.647 and final answers to 0 decimal places, e.g. 5,125.) LIFO FIFO AVERAGE-COST The ending inventory $ $ ta I 20302 $ ta The cost of goods sold $ $ $ Gross profit $ $ $ e Textbook and Media List of Accounts Save for Later Last sayed 1 minute ago. Attempts: 0 of 3 used Submit
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