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 60 140 210 120 530 Unit Cost $ 52 54 Total Cost $ 3,120 7,560 11,970 6,960 $29,610 58 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. (Round "Average Cost per unit" to 2 decimal places and all other answers to the nearest whole number.) Check My Work 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 2 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 Cost Weighted Average Cost # of units m Cost of Goods Average Available for Cost per unit Sale # of units Sold Average cost of cost per Unit Goods Sold # of units in Ending Inventory Average Cost per unit Ending Inventory 3,120 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 210 120 530 7,560 11,970 6,960 29,610 Total $ Sales revenue Gross profit