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You have the following information for Windsor Inc. for the month ended October 31, 2022. Windsor uses a periodic method for inventory. Date Description Units
You have the following information for Windsor Inc. for the month ended October 31, 2022. Windsor uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 55 $23 Oct. 9 Purchase 113 Oct. 11 Sale 106 Oct. 17 Purchase 107 Oct. 22 Sale 62 37 Oct. 25 Purchase 75 Oct. 29 Sale 103 W NO W NW N 25 32 26 28 37 (a2) - Your answer is partially correct. 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 O decimal places, e.g. 5,125.) LIFO The ending inventory $ 1,415 $ The cost of goods sold $ 7,557 A Gross profit eTextbook and Media List of Accounts Save for Later A 1,949 FIFO AVERAGE-COST 2,360 $ 2,025 6,612 $ 8,972 EA $ 2,885 +A $ 525 Attempts: 1 of 3 used Submit
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