Exercise 6-4B Calculate inventory amounts when costs are rising (L06-3) [The following information applies to the questions displayed below.) During the year, a company has the following inventory transactions. Number of Unit Date Transaction Cost Total Cost Jan. 1 Beginning inventory $ 40 $ 1,920 Apr. 7 Purchase 128 42 5,376 Jul.16 Purchase 8,910 Oct. 6 Purchase 108 46 4,968 $21, 174 Units 48 198 45 482 For the entire year, the company sells 427 units of inventory for $58 each. Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory Weighted Average Cost Weighted Averago 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 48 S 1.920 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 128 198 5,376 8,910 4.968 21.174 108 482 $43.9295 $ Sales revenue Gross profit