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please answer the question: Required information (The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions.
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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 Cost $ 32 34 37 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. unnton coet of nonds sold, sales revenue, 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 Average Cost Ending Inventory - Weighted Average Cout of units Ending in Ending Cost per unit Inventory Inventory Weighted Average Cost Cost of Goods of units Sale of units Cost per unit Cost per Unit Cost of Goods Sold Available for Sold 40 $ 1,280 Beginning Inventory Purchases Apr 07 Jul Oct Total 120 190 100 4,080 7.030 3,800 16,190 450 $ Sales revenue Gross profit Step by Step Solution
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