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The Bradiey Corporation produces a product with the following costs as of July 1, 20X1: Beginning inventory at these costs on July 1 was 3,200

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The Bradiey Corporation produces a product with the following costs as of July 1, 20X1: Beginning inventory at these costs on July 1 was 3,200 units. From July 1 to December 1, 20xi, Bradley Corporation produced 12,400 units. These units had a material cost of $4, labor of $6. and overhead of $4 per unit. Bradley uses LIFO inventory occounting. a. Assuming that Bradley Corporation soidd 13,800 units during the last six months of the year at $19 each, whot is its gross profit? b. What is the value of ending inventory

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