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Required information [The following information applies to the questions displayed below. During the year, Trombley Incorporated 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, Trombley Incorporated has the following inventory transactions Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun. 9 Purchase Nov.11 Purchase Number of Units 29 34 39 39 141 Unit Cost $ 31 30 29 27 Total Cost $ 899 1,020 1,131 1,053 $4,103 For the entire year, the company sells 110 units of inventory for $39 each 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods # of units unit Available for Sale Cost per Cost per of units Cost of Goods Sold of units Cost Ending per unit Inventory unit Begioning Inventory Purchases Mar 04 0 Jun 09 0 0 Nov 11 Total $ 0 5 Required information The following information applies to the questions displayed below! During the year. Trombley Incorporated has the following inventory transactions Number of Units 29 Date Transaction Jon Beginning inventory Bar. Purchase Jun. 9 Purchase Nov.13 Purchase Unit Cost $31 30 29 27 Total Cost 5899 1.02 1,131 39 39 161 1.05 54,103 For the entire year, the company seils 110 units of inventory for $39 each 3. Using weighted average cost calculate ending inventory, cost of goods sold, sales revenue and gross profit (Round "Average Co per unit" to 2 decimal places and all other answers to the nearest whole number) Cost of Goods Available for Sale Weighted Average Cost Average Cost of Goods of units Cost per Available for unit Sale Cost of Goods Sold Weighted Ending Inventory Weighted Average Average Cost Cost Average Average of units of units Cost of Ending Cost per In Ending Goods Sold Sold Inventory Unit leventory Cost per 29 $ 899 Beginning Inventory Purchases Mar 4 Jun 9 Nov 11 Total 34 39 39 141 1,020 1131 1,053 4 103 Sales revenue Gross profit

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