Question: Date Units Description Beginning inventory Purchase Unit Cost or Selling Price $25 Oct. 1 58 Oct. 9 116 27 Sale 104 37 Oct. 11 Oct.

 Date Units Description Beginning inventory Purchase Unit Cost or Selling Price

Date Units Description Beginning inventory Purchase Unit Cost or Selling Price $25 Oct. 1 58 Oct. 9 116 27 Sale 104 37 Oct. 11 Oct. 17 Purchase 98 28 Sale 57 42 Oct. 22 Oct. 25 Purchase 69 30 Oct. 29 Sale 104 42 (a 1) Your answer is correct. Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average cost per unit $ 27.554 e Textbook and Media List of Accounts Attempts: 4 of 4 used Question Part Score 3.33/3.3 (a2) Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round per unit cost to 3 decimal places, eg. 15.647 and final answers to O decimal places, e.g. 5,125.) LIFO FIFO AVERAGE-COST $ $ $ The ending inventory The cost of goods sold $ $ Gross profit $ $ $

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