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2 Required information Exercise 6-4A Calculate inventory amounts when costs are rising (LO6-3) [The following information applies to the questions displayed below) During the year.

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2 Required information Exercise 6-4A Calculate inventory amounts when costs are rising (LO6-3) [The following information applies to the questions displayed below) During the year. TRC Corporation has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 51 131 201 111 Unit Cost $ 43 45 48 49 Total Cost $ 2,193 5,895 9,648 5.439 $23, 175 494 ces For the entire year, the company sells 431 units of inventory for $61 each. Exercise 6-4A Part 3 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.) Ending Inventory - Weighted Average Cost Weighted Average Cost Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Cost of Goods Cost per # of units Available for Cost of of units Cost per Unit unit Sold Goods Sold #of units in Ending Inventory Cont per unit Ending Inventory Sale 51 $ 2,193 131 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 201 5,895 9.648 5,439 23,175 494 $ 431 Sales revenu Gross profit

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