Presented below is information related to Blowfish radios for the Waterway Company for the month of July. Units Sold Selling Price Total Unit Cost $4.00 4.10 Total $ 760 6,232 570 $6.90 7.20 $ 3,933 4,104 570 4.40 3,344 Date Transaction Units In July 1 Balance 190 6 Purchase 1,520 7 Sale 10 Sale 12 Purchase 760 15 Sale 18 Purchase 570 22 Sale 25 Purchase 950 30 Sale Totals 3,990 380 7.30 2,774 4.50 2,565 760 7.30 5,548 4.48 4,256 7.40 380 2,660 2,812 $19,171 $ 17,157 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) 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. 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