Goods in transit to another company shipped FOB shipping point. Goods in transit from another company shipped FOB shipping point. Both band c above. Question 8 1 pts At May 1, 2013, Kibbee Company had beginning inventory consisting of 100 units with a unit cost of $7. During May, the company purchased inventory as follows: 200 units at $7 300 units at $8 The company sold 500 units during the month for $12 per unit. Kibbee uses the average cost method. Kibbee's gross profit for the month of May is $2,250.00 $3,750.00 $3,787.50. $4,500.00 Question 9 1 pts