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During the year, Trombley Incorporated has the following inventory transactions Number of Units 20 of Unit Unit Cost $ 22 Date Transaction Jan. 1 Beginning
During the year, Trombley Incorporated has the following inventory transactions Number of Units 20 of Unit Unit Cost $ 22 Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun. 9 Purchase Nov.11 Purchase 20 Total Cost $ 440 525 600 540 $2,105 For the entire year, the company sells 81 units of inventory for $30 each. 3. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Average Cost per unit" to 2 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Weighted Average Cost # of units Sold Ending Inventory - Weighted Average Cost # of units Average Ending in Ending Cost per Inventory Inventory unit Average Cost of Goods # of units Cost Available for per unit Sale 440 Average Cost per Unit Cost of Goods Sold con Beginning Inventory Purchases: Mar.4 Jun.9 525 600 540 2,105 Nov 11 Total 1057
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