Question: I need help with this question with the steps explained. Thank you You have the following information for Splish Brothers Inc. for the month ended

You have the following information for Splish Brothers Inc. for the month ended October 31, 2022. Splish Brothers uses a periodic method for inventory Date Units Description Beginning inventory Purchase Unit Cost or Selling Price $24 Oct 1 60 Oct 125 26 Sale 107 37 Oct 11 OL13 Purchase 94 27 Oct 22 42 Oct. 25 Purchase 71 29 Oct 29 Sale 104 42 1 y correct Calculate the cost and wer to decide 5125) Your answer is partially correct. Calculate ending inventory, cost of goods sold, gross proht under each of the following methods (1) ufo (2) FIFO (3) Average cost. (Round per unit cost to 3 decimal places, eg, 15.647 and final answers to decimal places, 5125) LIFO FIFO AVERAGE-COST The ending inventory 5 The cost of goods sold $ 7457 3 6175 5 16 Gross profit $ 3 3 1990
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