Check my wo 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. Number of Unit Date Transaction Units Cost Total Cost Jan. 1 Beginning inventory 42 $ 34 $ 1, 428 Apr . 7 Purchase 122 36 4,392 Jul. 16 Purchase 192 7, 498 Oct. 6 Purchase 102 4, 080 458 $17,398 For the entire year, the company sells 411 units of inventory for $52 each. Exercise 6-4A Part 2 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Cost of # of units Cost per Goods Goods Cost Ending # of units Cost Available # of units unit per unit Sold per unit Inventory for Sale Beginning Inventory Purchases! Apr 07 Jul 16 Oct 06 Total Sales revenue Gross profitRequired 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. Number of Unit Date Transaction Units Cost Total Cost Jan. 1 Beginning inventory 42 $ 34 $ 1, 428 Apr. 7 Purchase 122 36 4,392 Jul. 16 Purchase 192 39 7, 488 Oct. 6 Purchase 102 40 4, 080 458 $17, 389 For the entire year, the company sells 411 units of inventory for $52 each. Exercise 6-4A Part 3 Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Average Cost er 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 Cost Weighted Average Cost Cost per Cost of Goods # of units # of units unit Available for # of units Cost per Unit Cost of in Ending Cost per unit Ending Sold Goods Sold Inventory Sale Inventory Beginning Inventory 12 1.428 Purchases Apr 07 122 4.392 Jul 16 192 7.488 Oct 06 102 1.080 18101 458 $ 17.388 Sales revenue Gross profit