Honest Joe produces a product with the following costs as of July 1, 20XX Material Labour Overhead $4 per unit 2 per unit 2 per unit Assuming Honest Joe sold 14,600 units during the last six months of the year at $14 each, beginning inventory at these costs on July 1 was 3,400 units. From July 1 to December 31, 20XY, Honest Joe produced 12,800 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 Honest Joe used average cost inventory accounting, what would gross profit be? Gross profit b. Assumed Honest Joe used average cost inventory accounting, what is the value of ending inventory? Ending inventory