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CALICISE UM LOCUIOLE Henry OHUS WHICUS HY ILUS) [The following information applies to the questions displayed below) During the year, TRC Corporation has the following
CALICISE UM LOCUIOLE Henry OHUS WHICUS HY ILUS) [The following information applies to the questions displayed below) During the year, TRC Corporation has the following inventory transactions Date Transaction Jan. Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 51 131 Unit Cost $43 45 201 Total cost $ 2.193 5,895 9.648 5.439 $23,125 111 494 49 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.) Cost of Goods Available for sale Cost of Goods Sold-Weighted Average Cost Ending Inventory Weighted Average Cout Weighted Average Cost Cost per Cost of Goods of units # of units of units Available for Cost of Cost per Unit Sold in Ending Ending Goods Sold Cost per unit Sale Inventory Inventory Beginning inventory 51 $ 2.193 Purchases Apr 07 5.895 Jul 15 201 0.648 Oct 0 111 5.430 Total 494 23,1757 4317 unt 131 3
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