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Questions 2 - 5 (of 20)> The following information applies to the questions displayed below. During the year, TRC Corporation has the following inventory transactions.
Questions 2 - 5 (of 20)> The following information applies to the questions displayed below. During the year, TRC Corporation has the following inventory transactions. Number of Units 50 130 200 110 Unit Cost Date Jan. 1 Apr. 7 Jul. 16 Oct. 6 Total Cost 2,100 5,720 9,400 5,280 $ 42 Beginning inventory Purchase Purchase Purchase 47 48 490 $ 22,500 For the entire year, the company sells 440 units of inventory for $60 each
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