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During the year, TRC Corporation has the following inventory transactions. Unit Datel Transaction Number of Units Cost Total Cost Jan. 1 Beginning inventory 41 $33

During the year, TRC Corporation has the following inventory transactions. Unit Datel Transaction Number of Units Cost Total Cost Jan. 1 Beginning inventory 41 $33 $ 1,353 Apr. 7 Purchase 121 35 4,235 Jul.16 Purchase 191 38 7,258 Oct. 6 Purchase 101 39 3,939 454 $16,785 For the entire year, the company sells 410 units of inventory for $51 each. 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Beginning Inventory Cost of Ending Inventory Cost of Goods Available for Sale Cost of Goods Sold # of units Cost per unit Goods Available # of units Cost per unit Cost of Goods # of units Sold for Sale $ 0 Ending Cost per unit Inventory Purchases Apr 07 0 Jul 16 0 Oct 06 0 Total $ 0 Sales revenue Gross profit During the year, TRC Corporation has the following inventory transactions. Unit Date Transaction Number of Units Cost Total Cost Jan. 1 Beginning inventory 41 $33 $1,353 Apr. 7 Purchase: 121 35 4,235 Jul.16 Purchase 191 38 7,258 Oct. 6 Purchase 101 39 3,939 454 $16,785 For the entire year, the company sells 410 units of inventory for $51 each. 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 Ending Inventory Weighted Average Cost Cost Weighted Average Cost #of units Cost per unit Cost of Goods Available for Sale of units Sold Cost per Unit Cost of Goods Sold # of units in Ending Inventory Cost per unit Ending Inventory. Beginning Inventory 41 $ 1,353 Purchases Apr 07 121 4,235 Jul 16 191 7,258 Oct 06 101 3,939 Total 4541 $ 16,785 Sales revenue Gross profit

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