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help please ! Required information [The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions Date
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! Required information [The following information applies to the questions displayed below.) 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 40 120 190 100 450 Unit ed $ 32 34 39 38 Total Cost $1,280 4,080 7,030 3,800 $16, 190 For the entire year, the company sells 400 units of inventory for $50 each. CA Required information 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 Available for Sale Cost of Goods Sold - Weighted Avetage Cost Ending Inventory Weighted Average Cost 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 40 5 Beginning Inventory Purchases 1,280 Apr 07 Jul 16 Oct 06 Total 120 190 100 4,080 7.030 3.800 16.190 450 $ Prev 5 6 of 29 ! Next > Sales revenue Gross profit Step by Step Solution
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