PLEASE SHOW ALL WORK ESPECIALLY FOR GROSS PROFIT AVERAGE COST You have the following information for Novak Inc. for the month ended October $31,2022.$ Novak uses a periodic method for

inventory.

Your answer is correct.

Calculate the weighted$-$average cost. $($Round answer to $3$ decimal places, e$.$g$.5\mathrm{.}125.)$

Weighted$-$average cost per unit $

eTextbook and Media

List of Accounts

$($a$2)$

Your answer is partially correct.

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, e$.$g$.15\mathrm{.}647$ and final answers to $0$ decimal places, e$.$g$.5,125.)$

eTextbook and Media

Assistance Used

List of Accounts

Attempts: $2$ of $3$ used

$($a$3)$

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