Your answer is incorrect: Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) UFO. (2) FIFO. (3) Averigecost. (Round average cost method answers to 2 decimal places, es. 1,250.25 and other answers to 0 decimal places, eg 1.250 ) Calculate cost per unit. (Round answer to 2 decimal ploces, es. 5.25.) Weighted-average cost per unit- eTextbookand Media Attempts: 0 of 2 used You have the following information for Crane inc, for the month ended June 30,2022 . Crane uses a periodic inventory system. Calculate gross profit rate under each of the following methods (1) UFO, (2) FIFQ, (3) Average-cost: (Round answers to 1 decimal nlace +51201 eTextbook and Media Attempts: 0 of 2 used (b) Compare results for the three cost flow asumptions and arswer the following questions: In thisperiod of rising prices, gives the highest cost of goods sold and the gross profit. gives the fows st cost of rods snald and the icross profit