Question: please answer this correctly. i will rate. You have the following information for Sunland Company for the month ended October 31, 2022. Sunland uses a

please answer this correctly. i will rate.

You have the following information for Sunland Company for the month ended October 31, 2022. Sunland uses a periodic method for inventory Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 65 $26 Oct. 9 Purchase 130 Oct. 11 Sale 95 Oct. 17 Purchase 95 Oct. 22 Sale 65 Oct. 25 Purchase 75 Oct. 29 Sale 1911. 105 28 35 29 40 31 40 Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO (3) Average-cost. (Round answers to 1 decimal place, eg. 51.2%) LIFO Gross profit 26.7 rate eTextbook and Media FIFO 273 AVERAGE-COST 254

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