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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 Unit Cost Date Transaction
Required information [The following information applies to the questions displayed below) During the year, TRC Corporation has the following inventory transactions Unit Cost Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase $52 Number of Units 60 140 210 120 538 54 57 58 Total Cost $ 3,120 7,560 11,970 6,960 $29,610 For the entire year, the company sells 450 units of inventory for $70 each 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit (Round "Average Cost per unit" to 2 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 WAL Mail
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