Presented below is information related to Blowfish radios for the Sunland Company for the month of July. Units Sold Selling Price Total Total $ 507 4,160 390 390 $6.70 7.00 $2,613 2,730 2,236 Date Transaction Units In Unit Cost July 1 Balance 130 $3.90 6 Purchase 1,040 4.00 7 Sale 10 Sale 12 Purchase 520 4.30 15 Sale 18 Purchase 390 4.40 22 Sale 25 Purchase 650 4.38 30 Sale Totals 2,730 260 7.10 1,846 1,716 520 7.10 3,692 2,847 7.20 260 1,820 1,872 $12,753 $11,466 Calculate average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost $ 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) (2) (3) Weighted Average FIFO LIFO Ending Inventory at July 31 $ e Textbook and Media 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. 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. e Textbook and Media