Sprint Shoes Inc had a beginning inventory of 9,800 units on January 1, 2013. The costs associated with the inventory were Material Labor Overhead 4.10 per unit S 11 00 per unit 6 00 per unit During 2013, the firm produced 44,100 units with the following costs Material$16 50 per unit Labor Overhead 8 80 per unit 9 30 per unit Sales for the year were 47,570 units at $41.60 each Sprint Shoes uses LIFO accounting a. What was the gross profit? Gross proft b. What was the value of ending inventory? Ending inventory