Current Attempt in Progress

On May $1,$ Pharoah Company had beginning inventory consisting of $270$ units with a unit $$ost of $$6.$ During May, the company purchased inventory as follows:

$540$ units at $$6$

$810$ units at $$7$

The company sold $1350$ units during the month for $$10$ per unit. Pharoah uses the average$-$cost method. Assuming that a periodic inventory system is used, Pharoah's gross profit for the month of May is $($Round average cost per unit to $2$ decimal places, e$.$g$.12\mathrm{.}52.)$

$$4725.$

$$10530.$

$$13500.$

$$8775.$