Required information [The following information applies to the questions displayed below.) The following are the transactions for the month of July. Unit Selling Price July 1 July 13 July 25 July 31 Beginning Inventory Purchase Sold Ending Inventory Units Unit Cost 59 $10 295 13 (100) 254 $15 Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under LIFO. Ass 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 Total Cost per Unit $ 10.00 59 $ 590 Beginning Inventory Purchases July 13 Goods Available for Sale 295 $ 13.00 3,835 4,425 Cost of Goods Sold Units from Beginning Inventory Units from July 13 Purchase Total Cost of Goods Sold Ending Inventory 59 $ 10.00 49 $ 13.00 1,227 $ 3,198 LIFO (Periodic) Sales $ 1,500 Cost of Goods Sold 1,227 273 Gross Profit $