Please give a detailed explanation

During the year, Trombley Incorporated has the following inventory transactions Unit Cost $13 12 Number of Units Total Cost $143 192 231 189 Transaction Date Jan. 1 Mar. 4 Jun. 9 Nov. 11 Beginning inventory Purchase Purchase Purchase 16 21 21 9 755 69 For the entire year, the company sells 51 units of inventory for $21 each Required 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods Available Average Ending Average Average Cost of Goods Sold | # of units Cost per # of units Cost per | # of units Cost per unit Inventory unit unit for Sale 1113 $ 143 1113 143 Beginning Inventory Purchases Mar 04 Jun 09 Nov 11 16 $12 21$11 219 69 192 231 189 755 16$ 12 21$11 21$9 192 231 189 Total Sales revenue Gross profit Cost of Goods Sold - Weighted Ending Inventory - Weighted Average Cost Cost of Goods Available for Sale Average Cost Average Cost per Inventory # of units Cost per Goods Sold Inventory Weighted Average Cost Ending Average Average Cost of Goods # of units Cost per Available for | # of units Sold unit Unit Sale unit 143 Beginning Inventory Purchases Mar.4 Jun.9 Nov.11 192 231 189 755 16 21 21 69 Total Sales revenue Gross profit