You have the following information for Vaughn Manufacturing for the month ended October 31, 2022. Vaughn uses a periodic method for inventory.

Date

Description

Units

Unit Cost or Selling Price

Oct. 1

Beginning inventory

70$24Oct. 9

Purchase

12526Oct. 11

Sale

9535Oct. 17

Purchase

9527Oct. 22

Sale

7040Oct. 25

Purchase

8029Oct. 29

Sale

10540

Calculate the weighted-average cost.(Round answer to 3 decimal places, e.g. 5.125.)

Weighted-average cost per unit$

enter weighted-average cost per unit in dollars

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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

$

enter a dollar amount

$

enter a dollar amount

$

enter a dollar amount

The cost of goods sold

$

enter a dollar amount

$

enter a dollar amount

$

enter a dollar amount

Gross profit

$

enter a dollar amount

$

enter a dollar amount

$

enter a dollar amount