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During the year, TRC Corporation has the following inventory transactions Number of Unit Date Transaction Unita Cont Jan. 1 Beginning inventory Total cost 53 5

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During the year, TRC Corporation has the following inventory transactions Number of Unit Date Transaction Unita Cont Jan. 1 Beginning inventory Total cost 53 5 45 $ 2,385 Apr. 7 Purchase 133 47 6,251 Jul.16 Purchase 203 50 10,150 Oct. 6 Purchase 113 51 5,763 502 $24.549 For the entire year, the company sells 433 units of inventory for $63 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 Cost Weighted Average Cost of units Cost of Cost per unit # of units Cost of Goods Available for #of units Sold Sale Cost per Unit Ending Inventory Cost per unit Goods Sold in Ending Inventory 53 $ 2,385 6,251 Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total 133 203 10.150 113 502f $ 48.2500 $ 5,763 24,5491 4335 45.25001 Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost Welghted Average Cost Cost per #of units #of units Cost of Goods Available for Sale unit # of units Sold Cost of Cost per Unit Cost per unit Goods Sold in Ending Ending Inventory Inventory 53 $ 2,385 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 133 203 113 502 $ 48.25000 $ 6,251 10,150 5.763 24,549 433 $ 45 2500 Sales revenue Gross profit

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