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During 2015, TRC Corporation has the following inventory transactions. Date Transaction Number of Units Unit Cost Total Cost Jan. 1 Beginning inventory 50 $ 42

During 2015, TRC Corporation has the following inventory transactions.

Date Transaction Number of Units Unit Cost Total Cost
Jan. 1 Beginning inventory 50 $ 42 $ 2,100
Apr. 7 Purchase 130 44 5,720
Jul. 16 Purchase 200 47 9,400
Oct. 6 Purchase 110 48 5,280
490 $ 22,500

For the entire year, the company sells 440 units of inventory for $60 each. 3.

Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Weighted-Average Cost" to 2 decimal places, intermediate and final answers to the nearest dollar amount.)

(WHAT I NEED) Cost of Goods Available for sale Total:_____

Cost of Goods Sold Weighted Average cost # of units sold_______ Ave Cost per unit $ _______ Cost of Goods Sold________

Ending Inventory Weighted Average Cost # units in Ending Inventory_______ Average Cost per unit________ Ending Inventory $_________

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