Q16. Bradley Corporation

The Bradley Corporation produces a product with the following costs as of July 1,201 : Beginning inventory at these costs on July 1 was 3,900 units. From July 1 to December 1, 20X1. Bradley Corporation produced 13,800 units. These units had a material cost of $5, labor of $6, and overhead of $4 per unit. Bradley uses LIFO inventory accounting. a. Assuming that Bradley Corporation sold 16,600 units during the last six months of the year at $20 each, what is its gross profit? b. What is the value of ending inventory