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Required information [The following information apples to the questions displayed below] During the year, TRC Corporation has the following Inventory transactions, Date Transaction Jan 1.

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Required information [The following information apples 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 59 139 209 119 526 Unit Cost 551 52 56 57 Total Cost $3,009 7,367 11,704 6783 328,863 For the entire year, the company sells 445 units of inventory for $69 each Required: 1. Using FIFO, calculate ending Inventory cost of goods sold, sales revenue, and gross profit FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Cost per Goods of units unit Available for Sale of units Cost Cost of Goods Sold per unit #of units Cost Erding per unit Inventory Beginning Inventory Purchases Apt7 JUL 16 Octs Tots Sales revenue Gross profit

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