The following are the transactions for the month of July. Units 43 Unit Unit Cost Selling Price $10 July 1 Beginning July! Inventory July Purchase Purchase 215 13 July Sold Sold 55 25 (100) (100) EL TER July 31 Ending Inventory 158 EN 585 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) Total Cost per Units Unit 43 $ 10.00 $ 430 215 $ 11.00 2,365 2,795 Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold Units from Beginning Inventory Units from July 13 Purchase Total Cost of Goods Sold Ending Inventory 43 57 $ $ 10.00 11.00 1,057 1,738 $ FIFO (Periodic) Sales Cost of Goods Sold Gross Profit (b)LIFO LIFO (Periodic) Units Cost per Unit Total Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold Total Cost of Goods Sold Ending Inventory LIFO (Periodic) Sales Cost of Goods Sold Gross Profit (c)Weighted Average Cost Weighted Average (Periodic) Cost per Units Total Unit Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory Weighted Average (Periodic) Sales Cost of Goods Sold Gross Profit