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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. Number of Unit Date
Required information [The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions. Number of Unit Date Jan. 1 Transaction Units Cost Total Cost Beginning inventory 53 $ 45 $ 2,385 Apr. 7 Purchase 133 47 6,251 Jul.16 Purchase 203 50 10,150 Oct. 6 Purchase 113 51 5,763 502 $24,549 For the entire year, the company sells 433 units of inventory for $63 each. Part 3 of 4 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 Available for Sale Cost of Goods Sold-Weighted Average Cost Ending Inventory-Weighted Average Cost Weighted Average Cost Cost per lock # of units Available for Cost of Goods of units Cost per Unit unit Sold Cost of Goods Sold Sale # of units in Ending Inventory Cost per unit Ending Inventory HHE Beginning Inventory 53 $ 2,385 Ask Purchases Print Apr 07 133 6,251 Jul 16 203 10,150 Oct 06 113 5,763 Total 502 $ 24,549 Sales revenue Gross profit
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