101 4. Part 3 of 4 Required information Exercise 6-4A Calculate inventory amounts when costs are rising (L06-3) [The following information applies to the questions displayed below) During the year, TRC Corporation has the following inventory transactions 10 points OK Date Transaction Jan, 1 Beginning inventory Apr. 7 Purchase Jul. 16 Purchase Oct. 6 Purchase Number of its 60 140 210 120 53e Unit Cost $52 54 57 58 Total Cost $ 3,120 7.560 11,970 6,960 $29,610 For the entire year, the company sells 450 units of inventory for $70 each Exercise 6-4A Part 3 Check my worlu 4 Pan 30 Port 30 10 po Required information 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue and gross profit. (Round "Average Cost per unit" to 2 decimal places and all other answers to the nearest whole number) Cost of Goods Available for Sale Cost or Goods Sold Weighted Ending liventory Wrighted Average Average Cost Cost Weighted Average Cost Average of units Available for Average Cost of Average Sold Cost per Unt Goods sold in Ending cont peront Inventory Sale Inventory Beginning wentory 60 5 3.120 Purchase Apr 07 140 7500 Jul 16 210 11.970 Oct 06 120 900 Total 530 $ 29.510 Cost of Goods of units of units cost per unit Ending Ref points eBook Hint Sales revenue Print Gross profit References