Evansville Company had the following transactions for the month 5 Number Cost of Units per Unit Purchase $7,000 Purchase 6 8,000 Purchase 7 8,500 Calculate the gross margin for each of the following cost allocation methods, assuming Evansville sold just one unit of these goods for $11,500. Round your intermediate calculations and final answers to the nearest dollar amount Gross Margin A. First-in, First-out (FIFO) 8. Last-in, First-out (LIFO) C. Weighted Average (AVG)