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! Required information Exercise 6-4A Calculate inventory amounts when costs are rising (LO6-3) [The following information applies to the questions displayed below.) During the year,
! Required information Exercise 6-4A Calculate inventory amounts when costs are rising (LO6-3) [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 58 138 208 118 Unit Cost $50 52 55 56 Total Cost $ 2,900 7,176 11,440 6,608 $28,124 522 For the entire year, the company sells 444 units of inventory for $68 each. Exercise 6-4A Part 3 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue, and g per unit" to 4 decimal places and all other answers to the nearest whole number.) Cost of Goods Sold - Weighted Average En Cost of Goods Available for Sale Cart Exercise 6-4A Part 3 4 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.) Ending Inventory - Weighted Average Cost Weighted Average Cost Cost of Goods Sold - Weighted Average Cost of Goods Available for Sale Cost Cost of Goods sof units Cost per Cost of # of units Available for Cost per Unit unit Sold Goods Sold Sale # of units in Ending Inventory Cost per unit Ending Inventory 58 $ 2,900 138 Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 208 7,176 11,440 6,608 28.124 118 522 $ Total Sales revenue Gross profit
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