Question: Please solve and post the answer. Could you also provide the gross profit rate for LIFO, FIFO, and AVERAGE-COST You have the following information for

for Crane Inc. for the month ended October 31, 2025. Crane uses Please solve and post the answer. Could you also provide the gross profit rate for LIFO, FIFO, and AVERAGE-COST

You have the following information for Crane Inc. for the month ended October 31, 2025. Crane uses a periodic system for inventory. Your answer is correct. Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit Calculate ending inventory, cost of goods sold, and gross profit under each of the following methods. 1. LIFO. 2. FIFO. 3. Average-cost. (Round answers to 0 decimal places, e.g. 125.)

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