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Preculest: Q akceer is chandeie thot not emvely ceriect. Cimpiete this auestion by entering reur anemert in whe sabs Ateou Dunina the yew. THe Ctrponatiso
Preculest: Q akceer is chandeie thot not emvely ceriect. Cimpiete this auestion by entering reur anemert in whe sabs Ateou Dunina the yew. THe Ctrponatiso hes the foldwitg irveinery frangactans metuinde: Q. Anbaer io tempiete hut net entiely rairetz During the year, TRC Corporation has the following inventory transactions. For the entire year, the company sells 450 units of inventory for $70 each. Required: 1-a \& b. Using FFFO, calculate ending inventory and cost of goods sold, 1c&d. Using FFO, calculate soles revenue and gross profit. 2 a \& b. Using LIFO, calculate ending inventory and cost of goods sold. 2-e \& d. Using LiFO, calculate soles revenue and gross profit 3-a \& b. Using weighted average cost, calculate ending inventory and cost of goods sold. 3-c 8 d. Using weighted-average cost, calculate soles revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are rising. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using weighted-average cost, calculate sales revenue and gross profit. (Round answers to 2 decimal places.) For the entire year, the company sels 450 unis of inventory for $70 each. Required: -a \& b. Using FFO, calculote ending inventory and cost of goods sold. 1.c \& d. Using FFO, calculate sales revenue and gross profit. 2a&b. Using LIFO, calculate ending inventory and cost of goods sold. 2cd. Using Lifo, caiculate soles fevenue and gross profit 3.a &b. Using weighted-average cost calculate ending inventory and cost of goods sold. 3&&d. Using welghted-average cost calculate sales revenue and gross profit 4. Determine which method will result in higher profiability when inventory costs are rising Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using weighted. merage cost, calculate ending inventory and cost of goods sold. (Round "Aversge Cost per unit" to 4 decimal places and all other answers to 2 . ploces.)
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