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During the year, TRC Corporation has the following inventory transactions. Date Transaction Number of Units Unit Cost Total Cost January 1 Beginning inventory 4 4

During the year, TRC Corporation has the following inventory transactions.
Date Transaction Number of Units Unit Cost Total Cost
January 1 Beginning inventory 44 $36 $1,584
April 7 Purchase 124384,712
July 16 Purchase 194417,954
October 6 Purchase 104424,368
466 $18,618
For the entire year, the company sells 413 units of inventory for $54 each.
Using weighted-average cost, calculate sales revenue and gross profit. round to nearest 10th

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