Chapter 7 Homework A Saved ! 6 Required Information [The following information applies to the questions displayed below.] The following are the transactions for the month of July. Part 2 of 3 Unit Selling Price July 1 July 13 July 25 July 31 25 points Units Unit Cost 55 $10 275 11 (180) 230 Beginning Inventory Purchase Sold Ending Inventory $14 Skipped Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used. (Round "Cost per Unlt" to 2 decimal places and your final answers to nearest whole dollar amount.) eBook Print LIFO (Periodic) Units Cost per Unit Total s References 0 Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold 0 0 Total Cost of Goods Sold Ending Inventory LIFO (Periodic) Sales Cost of Goods Sold Gross Profit Me