You have the following information for Swifty Corporation for the month ended October 31, 2022. Swifty...

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You have the following information for Swifty Corporation for the month ended October 31, 2022. Swifty uses a periodic method for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 (a1) Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Your answer is correct. Units 65 130 100 100 65 75 110 Unit Cost or Selling Price $26 28 45 29 50 31 50 Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit $ 28.527 (a2) 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 O decimal place, e.g. 125.) The ending inventory The cost of goods sold Gross profit $ tA $ LA $ LA LIFO LA LA LA FIFO $ $ AVERAGE-COST You have the following information for Swifty Corporation for the month ended October 31, 2022. Swifty uses a periodic method for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 (a1) Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Your answer is correct. Units 65 130 100 100 65 75 110 Unit Cost or Selling Price $26 28 45 29 50 31 50 Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit $ 28.527 (a2) 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 O decimal place, e.g. 125.) The ending inventory The cost of goods sold Gross profit $ tA $ LA $ LA LIFO LA LA LA FIFO $ $ AVERAGE-COST

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FIFO LIFO WEIGHTED AVERAGE Microsoft Excel Product Activation Failed File Home Insert P... View the full answer