Jerrico Wallboard Co. had a beginning inventory of 9,300 shoes on...
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Accounting
Jerrico Wallboard Co. had a beginning inventory of 9,300 shoes on January 1,20X. The costs associated with the inventory were as follows: During 20x, the firm produced 43,100 units with the following costs: Sales for the year were 47,370 units at $45,00 each. Jerrico uses average cost accounting. o. What was the gross profit? (Do not round intermediate calculotions. Round your answer to nearest whole dollar.) Gross profit \$ b. What was the value of ending inventory? (Do not round intermediate calculations. Round your answer to nearest whole dollar.) Ending inventory $
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