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During the year, TRC Corporation has the following Inventory transactions. Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number

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During the year, TRC Corporation has the following Inventory transactions. Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 49 129 199 109 486 Unit Cost $ 41 43 46 47 Total Cost $ 2,009 5,547 9,154 5,123 $21,833 For the entire year, the company sells 428 units of Inventory for $59 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 Avallable for Sale Cost of Goods Sold-Weighted Average Cost Ending Inventory Weighted Average Com Weighted Average Cost Cost per # of units 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 49 $ Beginning inventory Purchases 2,009 Apr 07 129 199 Jul 16 Oct 06 Total 5,547 9,154 5,123 21,833 109 486 $

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