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units... .65 400 Cost of beginning inventory , July 1.... P5 . 80 per unit Gross profit on sales for July ..750, 250 July purchases: ...Units........... Unit costs July 5...... 55 000. 5. 10 July 11................ . 53 000.. . 5.00 July 15 45 000....... 5. 50 July 16.......... . 47, 000..... 5. 30 Required: 1. Determine the number of units in the July 1 inventory, & cost of inventory on July 31, 2 . Determine the Sales & cost of goods sold during the month of July units... .65 400 Cost of beginning inventory , July 1.... P5 . 80 per unit Gross profit on sales for July ..750, 250 July purchases: ...Units........... Unit costs July 5...... 55 000. 5. 10 July 11................ . 53 000.. . 5.00 July 15 45 000....... 5. 50 July 16.......... . 47, 000..... 5. 30 Required: 1. Determine the number of units in the July 1 inventory, & cost of inventory on July 31, 2 . Determine the Sales & cost of goods sold during the month of July