Required information M7-7 to M7-9 Calculating Cost of Goods Available for Sale, Ending Inventory. Sales, Cost of Goods Sold. and Gross Profit under Periodic FIFO, LIFO, and Weighted Average Cost (LO 7-3] The following information applies to the questions displayed below.] The following are the transactions for the month of July. July 1 July 13 July 25 July 31 Beginning Inventory Purchase Sold Ending Inventory Units Unit Cost Unit Selling Price 41 $10 205 (189) $16 146 M7-9 Calculating Cost of Goods Avallable for Sale, Ending Inventory, Sales, Cost of Goods Sold, and Gross Profit under Periodic Welghted Average Cost [LO 7-3) Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) Welghted Average (Periodic) Coat per Unit Tota Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory Weighted Average (Periodic) Sales Cost of Goods Sold Gross Profil