Question: Current Attempt in Progress Thomas Sun Fun manufactures three categories of bicylces: Mountain, Road, and Hybrid. On January 1, 2025, Thomas adopted dollarvalue LIFO and

 Current Attempt in Progress Thomas Sun Fun manufactures three categories ofbicylces: Mountain, Road, and Hybrid. On January 1, 2025, Thomas adopted dollarvalueLIFO and decided to use a single inventory pool. The company's January

Current Attempt in Progress Thomas Sun Fun manufactures three categories of bicylces: Mountain, Road, and Hybrid. On January 1, 2025, Thomas adopted dollarvalue LIFO and decided to use a single inventory pool. The company's January 1 inventory consists of: During 2025, the company had the following purchases and sales: Calculate price index. (Round answer to 4 decimal places, e.g. 1.4562.) Price index eTextbook and Media Assistance Attempts: 3 of (a2) Correct Answer (Used) Compute ending inventory, cost of goods sold, and gross profit. (Round answers to 0 decimal places, e.g. 6,548.) Ending inventory \$ Cost of goods sold \$ Gross profit \$ Assume the company uses three inventory pools instead of one. Compute ending inventory, cost of goods sold, and gross profit. (Round price index to 3 decimal places, e.g. 1.453 and final answers to 0 decimal places, e.g. 6,548.) Ending inventory $ Cost of goods sold $ Gross profit $

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