The following are the transactions for the month of July.

		Units			Unit Cost			Unit Selling Price
July 1	Beginning Inventory		45		$	10
July 13	Purchase		225			13
July 25	Sold	(	100	)				$	15
July 31	Ending Inventory		170

Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under (a) FIFO, (b) LIFO, and (c) weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.)

FIFO (Periodic)
	Units	Cost per Unit	Total
Beginning Inventory	45	$10.00	$450
Purchases
July 13	225	$13.00	2,925
Goods Available for Sale			3,375
Cost of Goods Sold
Units from Beginning Inventory	45	$10.00
Units from July 13 Purchase	55	$13.00
Total Cost of Goods Sold			1,165
Ending Inventory			$2,210
FIFO (Periodic)
Sales
Cost of Goods Sold	1,165
Gross Profit

LIFO (Periodic)
	Units	Cost per Unit	Total
Beginning Inventory			$0
Purchases
July 13			0
Goods Available for Sale
Cost of Goods Sold
Total Cost of Goods Sold			0
Ending Inventory
LIFO (Periodic)
Sales
Cost of Goods Sold
Gross Profit

Weighted Average (Periodic)
	Units	Cost per Unit	Total
Beginning Inventory			$0
Purchases			0
Goods Available for Sale
Cost of Goods Sold			0
Ending Inventory
Weighted Average (Periodic)
Sales
Cost of Goods Sold
Gross Profit