Cox Corporation produces a product with the following costs as of July 1, 20XX: Material Labour Overhead $per unit 3 per unit 1 per unit Assuming Cox sold 13,400 units during the last six months of the year at $14 each beginning inventory at these costs on July 1 was 3,100 units. From July 1 to December 31, 20XY, Cox produced 12,200 units. These units had a material cost of $2 per unit. The costs for labour and overhead were the same. (Round your intermediate volues to 2 decimal places and final answer to the nearest whole dollars.) a. Assumed Cox Corporation used average cost inventory accounting, what would gross profit be? Gross profit $ b. Assumed Cox Corporation used average cost inventory accounting, what is the value of ending inventory? Ending inventory $