Required information [The following information applies to the questions displayed below.) Glasgow Corporation has the following inventory transactions during the year, Unit Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 52 132 202 112 498 Cost $ 44 46 49 50 Total Cost $ 2,288 6,072 9,898 5,600 $23, 858 For the entire year, the company sells 432 units of inventory for $62 each. Required information [The following information applies to the questions displayed below.) Glasgow Corporation has the following inventory transactions during the year, Unit Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 52 132 202 112 498 Cost $ 44 46 49 50 Total Cost $ 2,288 6,072 9,898 5,600 $23, 858 For the entire year, the company sells 432 units of inventory for $62 each