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Jerrico Wallboard Co. had a beginning inventory of 9,950 shoes on January 1, 20XX. The costs associated with the inventory were as follows Material Labour

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Jerrico Wallboard Co. had a beginning inventory of 9,950 shoes on January 1, 20XX. The costs associated with the inventory were as follows Material Labour Overhead $14.00 per shoe 9.00 per Shoe 6.10 per shoe During 20XX, the firm produced 44.400 units with the following costs Material Labour Overhead $13.50 per shoe 5.Be per shoe 6.30 per Shoe Sales for the year were 47,630 units at $4460 each. Jerrico uses average cost accounting a. What was the gross proft? (Do not round intermediate calculations. Round your answer to nearest whole dollar) Gross profit $ 893665 b. What was the value of ending inventory? (Do not round intermediate calculations. Round your answer to nearest whole dollar) Ending inventory

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