Required information [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 Limits 50 250 (leo) 200 Unit Unit Selling Cost Price $ 10 13 $ 15 Required: e. Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used b. Calculate sales, cost of goods sold and gross profit, under LIFO Assume a periodic inventory system is used W. Required A Required B Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used. Units Cost per Unit Total 0 LIEO (Periodic) Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold $ 0 $ 0 Total Cost of Goods Sold Ending Inventory Begrendred Required B > Required A Required B Calculate sales, cost of goods sold, and gross profit, under UFO. Assume a periodic inventory system in used, LEO (Periodic) Sales Cost of Goods Sold Gross Profit