Problem 8-8 Chriss Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2017, Chris adopted dollar-value LIFO and decided to use a single inventory pool. The companys January 1 inventory consists of: Category Quantity Cost per Unit Total Cost Portable 6,300 $129 $ 812,700 Midsize 8,200 323 2,648,600 Flat-screen 2,800 516 1,444,800 17,300 $4,906,100 During 2017, the company had the following purchases and sales. Category Quantity Purchased Cost per Unit Quantity Sold Selling Price per Unit Portable 15,800 $142 13,900 $194 Midsize 19,200 387 22,900 522 Flat-screen 10,400 645 6,300 774 45,400 43,100 Calculate price index. (Round price index to 4 decimal places, e.g. 1.4562.) Price index LINK TO TEXT Compute ending inventory, cost of goods sold, and gross profit. (Round answers to 0 decimal places, e.g. 6,548.) Ending inventory $ Cost of goods sold $ Gross profit $ LINK TO TEXT Assume the company uses three inventory pools instead of one. Compute ending inventory, cost of goods sold, and gross profit. (Round price index to 6 decimal places, e.g. 1.456287 and final answers to 0 decimal places, e.g. 6,548.) Ending inventory $ Cost of goods sold $ Gross profit $