Jerrico Wallboard Co. had a beginning inventory of 9,200 shoes on January 1, 20XX. The costs...

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Jerrico Wallboard Co. had a beginning inventory of 9,200 shoes on January 1, 20XX. The costs associated with the inventory were as follows: Material $14.00 per shoe Labour Overhead 9.00 per shoe 6.10 per shoe During 20XX, the firm produced 42,900 units with the following costs: Material Labour Overhead $16.50 per shoe 8.80 per shoe 9.30 per shoe Sales for the year were 47,330 units at $43.00 each. Jerrico uses average cost accounting. a. What was the gross profit? (Do not round intermediate calculations. Round your answer to nearest whole dollar.) Gross profit $ 449537 b. What was the value of ending inventory? (Do not round intermediate calculations. Round your answer to nearest whole dollar.) Ending inventory $ 203510 Jerrico Wallboard Co. had a beginning inventory of 9,200 shoes on January 1, 20XX. The costs associated with the inventory were as follows: Material $14.00 per shoe Labour Overhead 9.00 per shoe 6.10 per shoe During 20XX, the firm produced 42,900 units with the following costs: Material Labour Overhead $16.50 per shoe 8.80 per shoe 9.30 per shoe Sales for the year were 47,330 units at $43.00 each. Jerrico uses average cost accounting. a. What was the gross profit? (Do not round intermediate calculations. Round your answer to nearest whole dollar.) Gross profit $ 449537 b. What was the value of ending inventory? (Do not round intermediate calculations. Round your answer to nearest whole dollar.) Ending inventory $ 203510