band company had begining inventory July 1 of 340 units at a cost of 2.90 each. During the month, the following ineentory transactions took place. Purchases Cast Per Sales Date Units July 1o 1270 13 660 27 580 unit $3.00 3.30 3.50 Date July 2 U 28 units 270 1040 350 Price pes, "unit $5.90 5.90 6.40 (1) Calculate the cast of Goods available for sales. and number of units of ending Inventory. cast of Goods available for Sale - $ - Number of units of ending Inventory = units Art (2) Assume Sunland use FIFO Periodic - Calculate the Cost of ending Inventory Cost of the Goods Sold, and Gross Profi Ending Inventory $ Cost of Goods sold & Gross Profit B. Assume Sunland use Elfo Perpetual Calculate the Cost of ending inventory Cast of Goods sold and gross Profit Ending Inventory = $ Gross Profit & Coas thund Hebron Elfo Periodic Prebare Journal record July lo Purchases and Il Sales - Assume both the sale were for Cash . entries to the July and Purchase Flfo Perpetual Prepare Journal entries