Just Walls inc. fad a beginning inventory of 5.000 units on January 1, 2016 The costs associated with the inventory were: Material... ............... Labor Overhead.......... $8.00 unit 6.00 unit 4.50 unit During 2016, Just Walls produced 30,500 units with the following costs: 1250 unit Material Labor Overhead.......... Sales for the year were 32.000 units X 530.60 eachJust Walls mes FIFO accounting. What was the gross profit? What was the value of ending inventory