Problem 6-5A (Part Level Submission) You are provided with the following information for Sheridan Inc. for the month ended June 30, 2019. Sheridan uses the periodic system for inventory. Date Description Beginning inventory Purchase Quantity 41 Unit Cost or Selling Price $41 June 1 June 4 137 45 June 10 Sale 108 73 June 11 Sale return 17 73 June 18 Purchase 55 47 June 18 Purchase return 12 47 June 25 Sale 66 78 June 28 Purchase 32 51 (a1) Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 5.25.) Weighted average cost per unit 45.45 Click if you would like to Show Work for this question: Open Show Work Your answer is partially correct. 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 average-cost method answers to 2 decimal places, e.g. 1,250.25 and other answers to 0 decimal places, e.g. 1,250. Use weighted-average unit cost rounded to 2 decimal places for computations.) LIFO FIFO AVERAGE-COST x The ending inventory 4156 4622 4363.20 $ X The cost of goods sold 7343 6877 7135.80 X Gross profit 4448 4914 4655.20 $ Click if you would like to Show Work for this question: Open Show Work