Bashful Ltd. began business on January 1 and sells high performance motor scooters. The company purchased nine high spee

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Bashful Ltd. began business on January 1 and sells high performance motor scooters. The company purchased nine high speed scooters at the following dates and acquisition costs:
Purchase Date Units Unit Cost Total Cost
Jan 1 3 $4,150 $12,450
Jan 22 3 4,650 13,950
Mar 3 3 4,850 14,550
9 $40,950
On April 23, Bashful sold four of these scooters to Snow White Inc. for $7,500 each. No other sales have been made. Bashful uses a periodic inventory system.
Required:
Compute the ending inventory value at April 30, 2022 and the cost of goods sold through this date under each of the periodic costing procedures
Average cost
FIFO
Calculate the gross profit and the gross profit percentage under each of the costing methods.