Problem 6-05A a1-a3 You have the following information for Crane Company for the month ended October 31, 2022. Crane uses a periodic method for inventory.

Problem 6-05A al-a3 You have the following information for Crane Company for the month ended October 31, 2022. Crane uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 50 $22 Oct. 9 Purchase 110 24 Oct. 11 Sale 90 35 Oct. 17 Purchase 90 26 Oct. 22 Sale 50 40 Oct. 25 Purchase 60 28 Oct. 29 Sale 100 40 X Your answer is incorrect. Try again. Calculate the weighted average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average cost per unit 25.615 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO * Your answer is incorrect. Try again. Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 0 decimal place, e.g. 125.) LIFO FIFO AVERAGE-COST x The ending inventory 440 The cost of goods sold JI Gross profit X Your answer is incorrect. Try again. Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 1 decimal place, e.g. 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate % % Click if you would like to Show Work for this question: Open Show Work