Question: Current Attempt in Progress You have the following information for Blue Spruce Corp. for the month ended October 31, 2022. Blue Spruce uses a periodic

Current Attempt in Progress You have the following information for Blue Spruce Corp. for the month ended October 31, 2022. Blue Spruce uses a periodic method for inventory. D. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 50 $22 Oct. 9 Purchase 125 24 Oct. 11 Sale 90 45 Oct. 17 Purchase 90 25 Oct. 22 Sale 50 50 Oct. 25 Purchase 60 27 50 Oct. 29 Sale 100 (a2) Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to decimal place, eg. 125.) LIFO FIFO AVERAGE-COST $ 4430 $ $ The ending inventory The cost of goods sold Gross profit 4975 $ $ $ $ $ $ eTextbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer Save for Later
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