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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

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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 Unit Cost $ 41 Date T ransaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 129 199 109 Total Cost $ 2,009 5,547 9,154 5,123 $21,833 For the entire year, the company sells 428 units of inventory for $59 each. Required information 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 Inventory - Weighted Average con Weighted Average Cost of units of units Cost per unit Cost of Goods Available for # of units Sold Cost of Cost per Unit Cost per unit Goods Sold in Ending Ending Inventory Sale Inventory 2009 Beginning Inventory Purchases Apr 07 5,547 Jul 16 9,154 Oct 06 5,123 21,833 Total $ Sales revenue 5

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