newconnect.mneducation.com/llow/connect.html HW 6 0 Saved During the year, TRC Corporation has the following inventory transactions. Number of Unita Unit Cost $ 33 41 Part 1 of 4 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 121 191 35 38 Total Cost $ 1,353 4,235 7.258 3,939 $16,785 39 10 points For the entire year, the company sells 410 units of inventory for $51 each. eBook Hint Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. Print References FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods unit Available for Sale of units Cost per of units Cost per Cost of Goods Sold # of units unit Cost Ending per unit Inventory Beginning Inventory Purchases: Apr. 7 Jul 16 Oct.6 Total