ssignment/takeAssignmentMain.do?invoker:&takeAssignmentSessionLocat eBook Show Me How Print tem Cost Flow Methods The following three identical units of Item P401C are purchased during April: April 2 15 201 Total Item Beta Units Cost Purchase 1 $100 Purchase 1 120 Purchase 140 3 $360 $120 ($360+ 3 units) Average cost per unit Assume that one unit is sold on April 27 for $300. Determine the gross profit for April and ending inventory on April 30 using the (a) first- method. Gross Profit Ending Inventory. a. First-in, first-out (FIFO) b. Last-in, first-out (LIFO) " Weighted average cost Check My Work 5 more Check My Works All worked # 83 go F % TO 55 54 dtv AGIMMEAV 8