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7 During the year, TRC Corporation has the following inventory transactions. Date Transaction Jan. 1 beginning inventory Apr. 7 Purchase Jul. 16 Purchase Oct. 6

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7 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 Unite 57 137 202 Unit Cost S49 51 Total cost $ 2,793 5,987 11,178 of 4 55 318 527,393 For the entire year, the company sells 443 units of Inventory for $67 each. OM int 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.) rences Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory Weighted Average Cost Weighted Average Cost Cost of Goods Available for Sale Cost per unit W of units Sold of units Cost per Unit of units in Ending Inventory Cost of Goods Sold Cost per unit Ending Inventory 57 $ 2,793 Beginning Inventory Purchases Apr 07 Jul 16 Oct 0 Total 137 207 117 518 8.987 11,178 0,435 27 393 S Saved - 6 Homework Check For the entire year, the company sells 443 units of inventory for $67 each. 4 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 Cont Cost of Goods Sold Weighted Average Cost of Goods Available for tale Cost Cost of Goods Cost per of units Cost of If of units Available for Sold Cost per Unit Sale Goods Sold 57 5 2,793 # of units in Ending Inventory Cost per un Ending Inventory Beginning inventory Purchases 6087 Apr 07 Jul 10 Oct 06 207 117 518 11,178 6.435 27393 $ Total Sales revenue Gross profit

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