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! Required information Exercise 6-5A Calculate inventory amounts when costs are declining (L06-3) [The following information applies to the questions displayed below.) During the year,

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! Required information Exercise 6-5A Calculate inventory amounts when costs are declining (L06-3) [The following information applies to the questions displayed below.) During the year, Trombley Incorporated has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun. 9 Purchase Nov.11 Purchase 483 Number of Units 21 26 31 31 109 Unit Cost $ 23 22 21 19 Total Cost $ 572 651 .589 $2,295 For the entire year, the company sells 82 units of inventory for $31 each. Exercise 6-5A Part 3 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. ( per unit" to 2 decimal places and all other answers to the nearest whole number.)

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