Presented below is information related to Blowfish radios for the Concord Company for the month of July. Date Transaction Units In Unit Cost Units Sold Selling Price Total Total $ 585 Balance 150 $3.90 July 1 6 Purchase 1,200 4.00 4,800 7 Sale 450 $6.70 $ 3,015 10 Sale 450 7.00 3,150 12 Purchase 600 4.30 2,580 15 Sale 300 7.10 2,130 18 Purchase 450 4.40 1,980 22 Sale 600 7.10 4,260 25 Purchase 750 4.38 3,285 30 Sale 7.20 300 2,100 2,160 $14,715 Totals 3,150 $13,230 Calculate average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted-average cost $ e Textbook and Media Assuming that the periodic inventory method is used, compute the inventory cost at July 31 under each of the following cost flow assumptions. (Round answers to 0 decimal places, e.g. 6,578.) (1) FIFO. (2) LIFO. (3) Weighted average. (1) FIFO (2) LIFO (3) Weighted-Average Ending Inventory at July 31 $ $ $ Which of the methods used above will yield the lowest figure for gross profit for the income statement? method will yield the lowest gross profit. e Textbook and Media Which of the methods used above will yield the lowest figure for ending inventory for the balance sheet? method will yield the lowest ending inventory