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 Beginning Inventory 49 $10 July 13 Purchase 245 11 July 25 Sold (1ee) $14 July 31 Ending Inventory 194 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.) Calculate cost of goods available for sale and ending inventory, then sale periodic inventory system is used. (Round "Cost per Unit" to 2 decimal p amount.) FIFO (Periodic) Units Cost per Total Unit $ 0 Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold 0 0 Total Cost of Goods Sold Ending Inventory FIFO (Periodic) Sales Cost of Goods Sold Gross Profit Calculate cost of goods available for sale and ending inventory, then sales, periodic inventory system is used. (Round "Cost per Unit" to 2 decimal pla amount.) LIFO (Periodic) Units Cost per Unit Total $ 0 Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold 0 0 Total Cost of Goods Sold Ending Inventory LIFO (Periodic) Sales Cost of Goods Sold Gross Profit Calculate cost of goods available for sale and ending inventory, then sale average cost. Assume a periodic inventory system is used. (Round "Cos nearest whole dollar amount.) Weighted Average (Periodic) Units Cost per Unit Total $ 0 0 Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory 0 Weighted Average (Periodic) Sales Cost of Goods Sold Gross Profit