You have the following information for Pharoah Inc. for the month ended October 31, 2022....
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You have the following information for Pharoah Inc. for the month ended October 31, 2022. Pharoah uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 60 $23 Oct. 9 Purchase 124 25 Oct. 11 Sale 91 35 Oct. 17 Purchase 98 26 Oct. 22 Sale 65 40 Oct. 25 Purchase 75 28 Oct. 29 Sale 109 40 . (a1) Your answer is correct. Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average cost per unit $ ta 25.569 Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to O decimal places, e.g. 5,125.) LIFO FIFO AVERAGE-COST The ending inventory $ $ $ The cost of goods sold ta $ TA $ $ ta Gross profit ta $ $ $
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