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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
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. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Unita 42 122 192 102 458 Unit Cout $34 36 39 40 Total cost $ 1,420 4,392 7,488 6,080 $17,388 For the entire year, the company sells 411 units of inventory for $52 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 Avallable for Sale Weighted Average Cost of Goods Sold - Weighted Average Ending Inventory: Wolghted Average Coat of units of units Cost of Ending Cost per Unit in Ending Sold Goods Sold Cost per unit Inventory Inventory ces Cost of units Cost per unit Cost of Goods Available for Sale 42 $ 1428 Beginning inventory Purchases Apr 07 Jul 16 Oct Total 122 192 102 458 4,392 7.488 4.080 17388 $
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