Question 5 On May 1, 2022, Columbo Company had beginning inventory consisting of 300 units with a unit cost of $7. During May, the company purchased inventory as follows: 600 units at $7 900 units at $8 The company sold 1.500 units during the month for $12 per unit. Columbo uses the average cost method. Columbo's gross profit for the month of May is $13.500 56,750 $11.250 $18.000 Previous