You have the following information for Vincent Inc. for the month ended October 31, 2014. Vincent uses a periodic method for inventory.

Date	Description	Units	Unit Cost or Selling Price
Oct. 1	Beginning inventory	60	$24
Oct. 9	Purchase	120	26
Oct. 11	Sale	100	35
Oct. 17	Purchase	100	27
Oct. 22	Sale	60	40
Oct. 25	Purchase	70	29
Oct. 29	Sale	110	40

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

Weighted-average cost per unit

$

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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	$	$	$
The cost of goods sold	$	$	$
Gross profit	$	$	$

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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. 51.2%)

LIFO	FIFO	AVERAGE-COST
Gross profit rate		%		%		%