Business
Business, 03.11.2020 16:20, hosteenimport21

You have the following information for Nash's Trading Post, LLC for the month ended October 31, 2022. Nash uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 50 $24 Oct. 9 Purchase 130 26 Oct. 11 Sale 100 40 Oct. 17 Purchase 100 27 Oct. 22 Sale 50 45 Oct. 25 Purchase 60 29 Oct. 29 Sale 110 45 Calculate the weighted-average cost. (Round answer to 3 decimal places, e. g. 5.125.) Weighted-average cost per unit $enter weighted-average cost per unit in dollars LINK TO TEXT LINK TO VIDEO 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 The ending inventory $enter a dollar amount $enter a dollar amount $enter a dollar amount The cost of goods sold $enter a dollar amount $enter a dollar amount $enter a dollar amount Gross profit $enter a dollar amount $enter a dollar amount $enter a dollar amount LINK TO TEXT LINK TO VIDEO 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 enter a gross profit rate in percentages rounded to 1 decimal place % enter a gross profit rate in percentages rounded to 1 decimal place % enter a gross profit rate in percentages rounded to 1 decimal place %

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