keAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator Sinprogress-false Calculator Three identical units of merchandise were purchased during July, as follows: Date Product T Units Cost $34 July 3 Purchase 10 Purchase 24 Purchase Total Average cost per unit Assume one unit sells on July 28 for $52. Determine the gross profit, cost of goods sold, and ending inventory on July 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) average cost flu methods. Gross Profit Cost of Goods Sold Ending Inventory a. First-in, first-out b. Last-in, first-out $ C. Average