Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under LIFO. Assume a

periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar

amount.)

0 Required information [The following information applies to the questions displayed below) The following are the transactions for the month of July Unit Selling Price July 1 July 13 July 25 July 31 Beginning Inventory Purchase Sold Ending Inventory Units Unit Cost 53 510 265 13 (100) 218 $15 Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit under LIFO Assume a periodic inventory system is used (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) LIED Perlodic) Units Cost per Un Total 5 0 Beginning Inventory Purchase July 13 Goods Available for Cost of Goods Sold 0 Total Cost of Goods Sold Ending Inventory LEO Periodic) Sales Cost of Goods Sold Gross Profit