Cox Corporation produces a product with the following costs as of July $1,20$XX:

Material $$5$ per unit

Labour $3.$per unit

Overhead $,1$ per unit

Assuming Cox sold $15,800$ units during the last six months of the year at $$14$ each, beginning inventory at these costs on July $1$ was $3,700$ units. From July $1$ to December $31,20$XY$,$ Cox produced $13,400$ units. These units had a material cost of $$2$ per unit. The costs for labour and overhead were the same. $($Round your intermediate values 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

$