Honest Joe produces a product with the following costs as of July 1, 20XX Material Labour Overhead 33 per unit 5 per und 3 per unit Assuming Honest Joe sold 30,000 units during the last six months of the year at $15 each, beginning inventory at these costs on July 1 was 10,000 units. From July 1to December 31, 20xY. Honest Joe produced 24,000 units. These units had a material cost of $4 per unit. The costs for labour and overhead were the same a. In Honest Joe uses FIFO inventory accounting, what would be the gross profit for the period? Gross profit b. If Honest Joe uses FIFO irwentory accounting. What is the value of ending inventory Ending inventory $