The Bradley Corporation produces a product with the following costs as of July 1, 2014: Gross profi ending inve (L04-2) Material Labor Overhead $4 per unit 4 per unit 2 per unit Beginning inventory at these costs on July 1 was 3,250 units. From July 1 to December 1, 2014, Bradle produced 12,500 units. These units had a mate- rial cost of $5, labor of $4, and overhead of $5 per unit. Bradley uses LIFO inventory accounting. Assuming that Bradley sold 14,000 units during the last six months of the year at $19 each, what is its gross profit? What is the value of ending inventory? 2012 Gross-pr