RUV commenced operations on 1 June 2019 selling one type of shirt. The company uses FIFO (first in, first out) and perpetual inventory control. The June inventory and sales records for the shirts were as follows:

1. Calculate COGS for the month ended 30 June 2019. 

2. Calculate the cost of ending inventory as at 30 June 2019. 

3. Calculate gross profit for the month ended 30 June 2019. 

4. Assume that on 30 June, a total of 400 units (not 200 units) were purchased for $17 each. 

Calculate the change in gross profit for the month ended 30 June 2019, based on this assumption.

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Date June 1 10 12 17 23 27 29 30 Purchase price unit $11 $12 $14 $13 $15 Units purchased 1.500 900 600 1 500 200 Units Selling price sold per unit 300 1 800 700 $20 $20 $22 Units on hand 1 500 2 400 2 100 2 700 900 2 400 1 700 1 900