Cost Flow Methods The following three identical units of Item PX2T are purchased during April: Item Beta Units Cost Purchase 1 $292 April 2 April 15 April 20 Purchase 1 295 Purchase 1 298 Total 3 $885 Average cost per unit $295 ($885 - 3 units) Assume that one unit is sold on April 27 for $422. Determine the gross profit for April and ending inventory on April 30 using the (a) first tirst-out (FIFO). (b) lasten, first-out (LO); and (c) weighted average cost method Gross Profit Ending Inventory a First-in, first-out (FIFO) X b. Lastin, Tirst-out (FO) c. Weighted average cost Www Sales-cout of 9000 root aans that it purchased to be the enginio the motect Duches Check My W