Required information Exercise 6-4A Calculate inventory amounts when costs are rising (L06-3) [The following information applles 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 52 132 202 112 498 Unit Cost $ 44 46 Total cost $ 2,288 6,072 9,898 5,600 $23,858 50 For the entire year, the company sells 432 units of inventory for $62 each. Exercise 6-4A Part 3 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.) Weighted Average Cost of Goods Available for Sale Cost of Goods Sold Weighted Average Ending Inventory - Weighted Average Cost Cost Cost of Goods of units Cost of # of units Cost per Ending # of units Available for Cost per Unit Cost per unit Sold unit Inventory Goods Sold in Ending Salo Inventory Cost 52 $ 2.288 132 Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total 202 112 498 6,072 9.898 5,600 23.858 $ Sales revenue Gross profit