Exercise 8-13 Presented below is information related to Blowfish radios for the Marin Company for the month of July. Date Transaction Units In Unit Cost Tota Units Sold Selling Price Total uly 1 Balance $3.90 507 4.00 4,160 130 6 Purchase 1,040 7 Sale 10 Sale 12 Purchase 15 Sale 18 Purchase 22 Sale 25 Purchase 30 Sale $6.70 2,613 7.002,730 390 390 520 4.30 2,236 260 7.10 1,846 390 4.40 1,716 520 7.103,692 4.38 2,847 260 7.20 1,872 Totals 2,730 $11,46620 1,820 $12,753 Calculate average cost per unit. (Round answer to 2 decima placs, e.g. 2.76.) Weighted-average cost gs Assuming that the periodic inventory method is used, compute the inventory cost at July 31 under each of the following cost flow assumptions. (Round answers to 0 decimal places, eg. 6,578.) (1) FIFO. (2) LIFO. (3) Weighted-average. FIFO LIFO Weighted-Average Ending Inventory at July 31 which of the methods used above will yield the lowest figure for gross profit for the income statement? method will yield the lowest gross profit. Which of the methods used above will yield the lowest figure for ending inventory for the balance sheet? method will yield the lowest ending inventory