OC Home X 121 3-1 Problem Set: Module Three - X CengageNOWv2 | Online teachin X + gagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&in... AD G 1 eBook Show Me How Cost Flow Methods The following three identical units of Item JC07 are purchased during April: Item Beta Units Cost April 2 Purchase $228 April 15 Purchase 231 April 20 Purchase 234 Total 3 $693 Average cost per unit $231 ($693 + 3 units) Assume that one unit is sold on April 27 for $289. Determine the gross profit for April and ending inventory on April 30 using the (a) first-in, first-out (FIFO); (b) last-in, first-out (LIFO); and (c) weighted average cost method. Gross Profit Ending Inventory a. First-in, first-out (FIFO) b. Last-in, first-out (LIFO) c. Weighted average cost Check My Work