Required information Exercise 6-4A Calculate Inventory amounts when costs are rising (L06-3) The following information applies to the questions de below! During the year TRC Corporation as the form IN 11 54 Yox the companys 5050 each Exercise 6-4A Part 3 2.Co. Come on.com and sound CM G 1 100 5 Georo 31 500 5530 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 Unit Date Transaction Units Total Cost Jan. 1 Beginning inventory $ 52 $ 3,120 Apr. 7 Purchase 7,560 Jul.16 Purchase 210 57 11,970 Oct. 6 Purchase 6,960 $29,610 Cost 60 140 54 58 120 530 For the entire year, the company sells 450 units of inventory for $70 each. Exercise 6-4A Part 3 3. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Average Cost per unit" to 2 decimal places and all other answers to the nearest whole number.) Weighted Average Cost Cost of Goods Available for Sale Cost of Goods Average # of units Cost per unit Available for Cost of Goods Sold - Weighted Average Cost # of units Average Cost of Sold cost per Unit Goods Sold Ending Inventory - Weig Cost # of units in Ending Average Cost per unit Inventory Sale 60 $ 3,120 Beginning Inventory Purchases Apr 07 Jul 16 7,560 140 210 120 Oct 06 Total 11,970 6,960 29,610 530 $ 450 $ 24,970 80 Required information A Part 3 2d-average cost, calculate ending inventory, cost of goods sold, sales revenue and gross profit. e Cost per unit" to 2 decimal places and all other answers to the nearest whole number.) Ending Inventory - Weighted Average Cost age Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Average Cost of Goods # of units # of units Cost of Available for Average Cost per unit Sale Sold cost per Unit Goods Sold 60 $ 3.120 # of units in Ending Inventory Average Ending Cost per unit Inventory 140 210 120 7,560 11,970 6,960 29,610 530 $ 450 $ 24,970 80 $ 4,640 CD 31,500 Sales revenue Gross profit $ 6,530 co