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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,

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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 Units Unit CostUnit Selling Price $10 13 July 1 July 13 July 25 July 31 Beginning Inventory Purchase Sold Ending Inventory 45 225 (1e0) $15 170

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