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help with homework( i want to be shown how to get these numbers) Required information The following information applies to the questions displayed below.) During

help with homework( i want to be shown how to get these numbers)
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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 Number of Units 40 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Unit Cost $ 32 34 37 38 120 190 100 450 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. Pomirada View Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of # of units Goods unit Available for Sale 40 $ 321 $ 1.280 Cost per # of units Cost per Cost of Goods Sold unit of units Cost Ending per unit Inventory 40 $ 32 $ 1,280 0 120 $ 34 120 $ 34 0 Beginning Inventory Purchases Apr 7 Jul. 16 Oct. 6 Total 4,080 7.030 190$ 37 190 5 0 4,080 7.030 3,800 $16.190 37 38 $ 38 S 0 100 450 s Sales revenue 20.000 Gross profit

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