Required information (The following information apples to the questions displayed below The following are the transactions for the month of July Units Unit Cost $10 Unit Selling Price Quly 1 July 13 buly 25 July 31 Beginning Inventory Puechase Sold 43 215 11 (107 $14 Ending Inventory 158 Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under FIFO. Assume a periodic inventory system is used (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) EIEO (Pariodic) Cost per Unit Units Total Beginning Inventory Purchases 43 1000S 430 July 13 215 11.00 2,366 Goods Available for Sale Cost of Goods Sold 172 Alns froms Beginning inventory Total Cod of Goods Sold Ending Inventory EIFO (Patiodic) Sales Cost of Goods Sold Gross Proft Required information [The following information applies to the questions displayed below The following are the transactions for the month of July Units Unit Cost Unit Selling Price July 1 July 13 July 25 July 31 Beginning Inventory Purchase Sold 43 $10 215 11 (100) $14 Ending Inventory 158 Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount) LIFO (Periodic) Cost per Unit Units Total Beginning Inventory Purchases 0 July 13 0 Goods Available for Sale Cost of Goods Sold Total Cost of Goods Sold 0 Ending Inventory LIFO IPeriodic) Sales Cost of Goods Sold Gross Profit