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Calculate inventory amounts when costs are rising (LO6-3) During 2018, TRC Corporation has the following inventory transactions. Number Unit Date Transactionof Units CostTotal Cost 54

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Calculate inventory amounts when costs are rising (LO6-3) During 2018, TRC Corporation has the following inventory transactions. Number Unit Date Transactionof Units CostTotal Cost 54 134 204 Jan. 1 Beginning Apr. Jul. 16 Purchase $46 $ 2,484 -invento 48 51 Oct.6 Purchase 4 52 Purchase t66,432 10,404 En 5,928 506 25,248 For the entire year, the company sells 440 units of inventory for $64 each. Using the information above: Calculate FiFo Lifo Average Cost Invento Cost of Goods Sold Sales Revenue Gross Profit

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