At May 1,2020 , Bibby Company had beginning inventory consisting of 200 units with a unit cost of $7. During May, the company purchased inventory as follows: 800unitsat$7500unitsat$9 The company sold 500 units during the month for $12 per unit. Bibby uses the average cost method. Bibby's gross profit for the month of May is $2,000. $1,500. $2,167. $4,333