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Unit July 1 Beginning Inventory July 13 Purchase July 25 Sold Units Unit Cost Selling Price 47 235 12 (100) $10 $ 16 July 31 Ending Inventory 182 Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under (a) FIFO, (b) LIFO, and (c) weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) (a)FIFO FIFO (Periodic) Cost per Total Units Cost per Unit Beginning Inventory Purchases 47 S 10.00 S470 July 13 Goods Available for Sale Cost of Goods Sold 235 $ 12.00 2,820 3,290 Units from Beginning Inventory Units from July 13 Purchase Total Cost of Goods Sold 47 $ 10.00 12.00 470 Ending Inventory $ 2,184 FO (Perlodic) $ 1,600 Sales Cost of Goods Sold Gross Profit