According to the inventory policy declared in footnote 2, do the following calculations for KHC's hot product- 910g Heinz Tomato Ketchup : Suppose cost inflation was 15%, compute Cost of Goods Sold, Ending Inventory, Gross profit ,Gross profit margin and other measures in thick borders . Please round your answers to 2 decimal places.Suppose in FY2021 cost inflation climbed to 20% instead of 15%, what is the gross profit margin of 910g Heinz Tomato Ketchup given the inventory policy stated in Note 2? Calculate the gross profit margin difference in two different cost inflation scenarios.

Suppose the company use the other two inventory methods, what will be your answers to COGS ,Ending inventory,Gross profit , Gross profit margin and tax savings (burden if negative) assuming 15% cost inflation rate and 22% tax rate?

910g Heinz Tomato Ketup	Units (millions)	Cost/Price per unit	Total Cost		cost inflation rate	Tax rate
Inventory available at the beginning of FY21	100	3.10			15%	22%
Inventory purchased during FY21	60
Unit sales in FY21 (in millions)	120
Price per bottle of 910g Kraft Heinz Ketchup	5					FIFO	LIFO	AC
Net sales in FY21 (in millions)					COGS in FY21
COGS in FY21 (in millions)					Ending inventory for FY21
Ending inventory for FY21					Gross profit FY21
Gross profit (in millions)					Gross profit margin FY21
Gross profit margin					tax saving(burden)
Unit sales in FY21 (in millions)	120
Price per bottle of 910g Kraft Heinz Ketchup	5
Net sales in FY21 (in millions)
COGS in FY21 (in millions)
Ending inventory for FY21
Gross profit (in millions)
Gross profit margin