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! Required information Exercise 6-4A Calculate inventory amounts when costs are rising (L06-3) [The following information applies to the questions displayed below.) During the year,

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! Required information Exercise 6-4A Calculate inventory amounts when costs are rising (L06-3) [The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Number of Units 58 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Unit Cost $ 50 52 55 56 138 208 118 522 Total Cost $ 2,900 7,176 11,440 6,608 $28,124 For the entire year, the company sells 444 units of inventory for $68 each. Exercise 6-4A Part 3 Exercise 6-4A Part 3 of 2 Book of units Cost per 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 ventory - Weighted Average Cost Weighted Average Cost Cost of Goods Nof units Available for # of units unit Cost per Unit Cost of Ending Sold In Ending Sale Goods Sold Cost per unit Inventory Inventory Beginning invertory 58 $ 2.900 Purchases 138 7,176 Jul 15 206 11.440 Oct Total 28.124 Hint Apr 07 Ask 6,608 $10 522 S Print Here Sales revenue Grow

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