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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. Date Transaction Jan 1

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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. Date Transaction Jan 1 Beginning inventory Apr.) Purchase Jul 15 Purchase Oct 6 Purchase Unit Number of Units Cost 59 551 139 53 209 56 119 52 526 Total cost 53,009 7.367 11,704 6,783 $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 Cost Weighted Average Cost Cost of Goods Available for Sale Cost of Goods Cost per Available for unt Sale Ending Inventory Weighted Average Cost #of units in Ending Ending Cost per unit Inventory Inventory of units Sold of units Cost of Goods Sold Cost per Unit 50 $ 3.000 130 Beginning inventory Purchase Apror Jul 16 Oct 00 Total 200 7.307 11,704 6783 28580 110 520 $ Sales revenue Gross profit

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