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Required information (The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Unit Date Transaction Jan

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Required information (The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Unit Date Transaction Jan 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 59 139 209 119 Cont $ 51 53 56 57 Total Coat $ 3,009 7.367 11,704 6,783 526 $28,863 For the entire year, the company sells 445 units of inventory for $69 each. 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.) Cost of Goods Sold - Weighted Average Ending Inventory - Weighted Average cost Cost of Goods Available for Sale Weighted Average Cost # of units Cost per unit Cost of Goods Available for Sale # of units Sold Cost per Unit Cost of Goods Sold # of units in Ending Inventory Cost per unit Ending Inventory 59 $ 3,009 Beginning Inventory Purchases 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.) Cost of Goods Avaliable for Sale Cost of Goods Sold Weighted Average Ending Inventory - Welghted Average Cost of units Cost Weighted Average Cost Cost per Cost of Goods Available for of units Sold of units Cost per Unit Cost of Goods Sold Cost per unit Ending Inventory in Ending Inventory unit Sale 59 $ 3,009 Beginning Inventory Purchases Apr 07 7,367 139 209 Jul 16 11,704 Oct 06 119 6,783 28,863 Total 52644094685 $ 22,770 Sales revenue Gross profit $ 5,818

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