During 2012, TRC Corporation has the following inventory transactions.

Date

Transaction

Number of Units

Unit Cost

Total Cost

Jan. 1

Beginning inventory

37

$ 32

$

1,184

Apr. 7

Purchase

124

35

4,340

Jul. 16

Purchase

183

37

6,771

Oct. 6

Purchase

92

40

3,680

436

$

15,975

1.

Using FIFO, calculate (a) ending inventory, (b) cost of goods sold, (c) sales revenue, and (d) gross profit

2.

Using LIFO, calculate (a) ending inventory, (b) cost of goods sold, (c) sales revenue, and (d) gross profit

3.	Using weighted-average cost, calculate (a) ending inventory, (b) cost of goods sold, (c) sales revenue, and (d) gross profit. (Round "Weighted-average cost" to 2 decimal places, intermediate and final answers to the nearest dollar amount. Omit the "$" sign in your response.)