ake AssignmentMain doin oker assignments&takeAssignmentSession catorassignment-take& pr eBook Show Me How calculator Cost Flow Methods The following three identical units of Item P401C are purchased during April: Item Beta Units Cost Purchase 1 $100 120 140 3 $360 $120 April 2 15 Purchase 1 Purchase 1 20 Total Average cost per unit ($360 3 units) Assume that one unit is sold on April 27 for $300. Determine the gross profit for April and ending inventory on April 30 using the (a) frat-in, first-out (FIFO); (b) last-in, firat-out (LiFO); and (e) weighted average cost method. Gross Profit Ending Inventory a. First-in, first-out (FIFO) b. Last-in, first-out (LIFO) c. Weighted average cost 00 PM