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Exercise 6-4B Calculate inventory amounts when costs are rising (LO6-3) [The following information applies to the questions displayed below,] During 2018, TRC Corporation has the
Exercise 6-4B Calculate inventory amounts when costs are rising (LO6-3) [The following information applies to the questions displayed below,] During 2018, TRC Corporation has the following inventory transactions. Unit Cost Number of Units 48 128 198 108 Total Cost $40$ 1,920 5,376 8,910 4,968 Transaction Date Jan. 1 Apr. 7 Jul. 16 Oct. 6 Beginning inventory Purchase Purchase Purchase 42 45 46 482 $ 21,174 For the entire year, the company sells 427 units of inventory for $58 each
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