Problem 6-5A (Part Level Submission)

You are provided with the following information for Najera Inc. for the month ended June 30, 2017. Najera uses the periodic method for inventory.

Date				Description		Quantity		Unit Cost or Selling Price
June		1		Beginning inventory		40		$40
June		4		Purchase		135		44
June		10		Sale		110		70
June		11		Sale return		15		70
June		18		Purchase		55		46
June		18		Purchase return		10		46
June		25		Sale		65		75
June		28		Purchase		30		50

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%.)