R Ltd$.$ produces a product with the following costs as of July $1,20$XX:$R$ Ltd$.$ produces a product with the following costs as of July $1,20x$ :

Assuming R sold $26,000$ units during the last six months of the year at $$22$ each, beginning inventory at these costs on July $1$ was

$8,000$ units. From July $1$ to December $31,20xY,R$ produced $20,000$ units. These units had a material cost of $$6$ per unit. The costs for

labour and overhead were the same.

a$.$ If R uses FIFO inventory accounting, what would be the gross profit for the period?

Gross profit

b$.$ If R uses FIFO inventory accounting, What is the value of ending inventory?