Problem 8-8 Alan's Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2017, Alan adopted dollar-value LIFO and decided to use a single inventory pool. The company's January 1 inventory consists of Category Quantity Cost per Unit Total Cost Portable Midsize 5,900 8,200 2,800 16,900 112 $ 660,800 280 2,296,000 448 1,254,400 $4,211,200 During 2017, the company had the following purchases and sales Quantity Quantity Selling Price Category Purchased Cost per Unit Sold Portable Midsize per Unit 15,300 20,900 9,800 46,000 123 336 560 14,000 24,100 5,900 44,000 168 454 672 Calculate price index. (Round price index to 4 decimal places, e.g. 1.4562.) Price index Compute ending inventory, cost of goods sold, and gross profit. (Round answers to 0 decimal places, e.g. 6,548.) Ending inventorys Cost of goods sold Gross profit Assume the company uses three inventory pools instead of one. Compute ending inventory, cost of goods sold, and gross profit. (Round price index to Ending inventory Cost of goods sold Gross profit Click if you would like to Show Work for this question: decimal places, e.g. 1.456287 and final answers to 0 decimal places, e.g. 6,548.)