Question: 1. At May 31, the store manager needs to know the store's gross profit under both FIFO and weighted-average cost. Supply this information. Bryant uses

 1. At May 31, the store manager needs to know the

1. At May 31, the store manager needs to know the store's gross profit under both FIFO and weighted-average cost. Supply this information. Bryant uses the periodic inventory system. 2. What caused the FIFO and weighted-average cost gross profit figures to differ? Requirement 1. At May 31, the store manager needs to know the store's gross profit under both FIFO and weighted-average cost. Supply this information. Bryant uses the periodic inventory system. (Round all calculations to one decimal place.) Requirement 2. What caused the FIFO and weighted-average cost gross profit figures to differ? Gross profit under FIFO and weighted-average cost differ because inventory costs during the period

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