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 52 $10 Beginning Inventory Purchase 260 11 July 1 July 13 July 25 July 31 Sold (188) $14 Ending Inventory 212 Calculate cost of goods available for sale and ending Inventory, then sales, cost of goods sold, and gross profit, under FIFO. Assume a perlodic Inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) FIFO (Periodic) Units Cost per Unit Total Beginning Inventory $ 0 Purchases July 13 0 Goods Available for Sale Cost of Goods Sold Total Cost of Goods Sold Ending Inventory FIFO (Periodic). Sales Cost of Goods Sold Gross Profit 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 52 $10 July 1 July 13 July 25 Beginning Inventory Purchase 260 11 Sold (188) $14 July 31 Ending Inventory 212 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) Units Cost per Unit Total Beginning Inventory S 0 Purchases July 13 0 Goods Available for Sale Cost of Goods Sold Total Cost of Goods Sold 0 Ending Inventory LIFO (Periodic) Sales Cost of Goods Sold Gross Profit