8. ! rt 1 of 4 Required Information [The following information applies to the questions displayed below.) 8 nts During the year, TRC Corporation has the following Inventory transactions eBook Date Jan. 1 Apr. 7 Jul. 16 Oct. 6 Transaction Beginning inventory Purchase Purchase Purchase Number of Units 42 122 192 102 Unit Cost $ 34 36 39 40 Total Cost $ 1,428 4,392 7.488 4,080 Hint 458 $ 17,388 Print References For the entire year, the company sells 411 units of Inventory for $2 each. Required: 1. Using FIFO, calculate ending Inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Sold Ending Inventory Average Ending Cost of Goods Available for Sale Cost of Average # of units Cost per Goods unit Available for Sale 0 Average of units Cost per unit Cost of Goods Sold of units Cost Inventory per unit $ $ 0 $ 0 0 Beginning Inventory Purchases Apr. 7 Jul. 16 Oct 6 Total $ $ $ 0 0 0 OOOO 0 0 0 $ Required information of 4 For the entire year, the company sells 411 units of inventory for $52 each. Required: 1. Using FIFO, calculate ending Inventory, cost of goods sold, sales revenue, and gross profit. FIFO Book Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Average # of units Cost per unit Average # of units Cost per unit Average Cost Cost of Goods Sold #of units Cost of Goods Available for Sale $ 0 Ending Inventory per unit Hint 0 $ 0 Print 0 0 0 Beginning Inventory Purchases Apr. 7 Jul. 16 Oct 6 Total 0 $ 0 0 0 $ 0 0 References 0 Sales revenue Gross profit 9 art 2014 Required Information (The following information applies to the questions displayed below 78 Arts During the year. TRC Corporation has the following inventory transactions Bok Date Jan. + Ape? JUL 16 Oct 6 Transaction Beginning inventory Purchase Purchase Purchase Number of Units 42 122 192 102 Unit Cost $34 36 39 40 Total Cost $ 128 492 7.488 4,080 Hint 458 $ 17,388 Pit Beferences For the entire year, the company sells 411 units of inventory for $52each 2. Using UFO, calculate ending Inventory.cout of goods sold, sales revenue and gross prof. wory LIFO Cude Aventura Ar Couto Bon Coupe Goede Ava for Sale Begungo . Purchase AC Celper Goode Ce Aro M 0 0 Octs Total Saved 9 Oct. 6 Purchase 102 40 4,080 458 $ 17,388 "art 2 of 4 -78 oints For the entire year, the company sells 411 units of inventory for $52 each. 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit eBook LIFO Cost of Goods Available for Sale Cost of Goods Sold Hint Average #of units Cost per unit Cost of Goods Available for Sale $ 0 Average #of units Cost per unit Cost of Goods Sold Ending Inventory Average Ending # of units Cost Inventory per unit Print Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total References Oooo $ Sales revenue Gross profit