NEED THE LIFO NUMBER OF UNITS FOR APRIL 7During the year, TRC Corporation has the following inventory transactions. Date January 1 April 7 July 16 October 6 Transaction Beginning inventory Purchase Purchase Purchase Number of Unit Total Cost $51 Cost $3,009 53 7,367 11,704 56 57 6,783 $28,863 Units 59 139 209 119 526 For the entire year, the company sells 445 units of inventory for $69 each. Required: 1-a & b. Using FIFO, calculate ending inventory and cost of goods sold. 1-c & d. Using FIFO, calculate sales revenue and gross profit. 2-a & b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c & d. Using LIFO, calculate sales revenue and gross profit. 3-a & b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c & d. Using weighted-average cost, calculate sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are rising.

During the year, TRC Corporation has the following inventory transactions. For the entire year, the company sells 445 units of inventory for $69 each. Required: 1.a \& b. Using FIFO, calculate ending inventory and cost of goods sold. 1.c \& d. Using FIFO, calculate sales revenue and gross profit. 2-a \& b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c \& d. Using LIFO, calculate sales revenue and gross profit. 3-a \& b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c \& d. Using weighted-average cost, calculote sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are rising. Using LIFO, calculate ending inventory and cost of goods sold. During the year, TRC Corporation has the following inventory transactions. For the entire year, the company sells 445 units of inventory for $69 each. Required: 1.a \& b. Using FIFO, calculate ending inventory and cost of goods sold. 1.c \& d. Using FIFO, calculate sales revenue and gross profit. 2-a \& b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c \& d. Using LIFO, calculate sales revenue and gross profit. 3-a \& b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c \& d. Using weighted-average cost, calculote sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are rising. Using LIFO, calculate ending inventory and cost of goods sold