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0 Required information The following information applies to the questions displayed below) During the year, a company has the following inventory transactions. Number of Unit
0 Required information The following information applies to the questions displayed below) During the year, a company has the following inventory transactions. Number of Unit Date Transaction Unita Cost Total cost Jan. 1 Beginning inventory $ 48 $ 2,688 Apr. 7 Purchase 136 50 6,800 Jul.16 Purchase 206 53 10,918 Oct. 6 Purchase 116 6,264 $26,670 For the entire year, the company sells 442 units of inventory for $66 each. 3. Using weighted average cost, calculate ending inventory.cost of goods sold, sales revenue, and gross profit. (Round "Average Cost per unit" to 4 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost Weighted Average Cost # of units Cost per unit Cost of Goods # of units Available for Sale Sold Cost per Unit Cost of Goods Sold # of units in Ending Inventory Cost per unit Ending Inventory 56 $ 2,688 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 136 206 116 514 6,800 10,918 6,264 26,670 Sales revenue Gross profit
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