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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 20 25 30 30 105 Unit Cost $ 22 21 20 18 Total Cost $ 440 525 600 540 $2,105 For the entire year, the company sells 81 units of inventory for $30 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 Avaliable for Sale Weighted Average Cost Average Cost of Goods # of units Cost Sale Cost of Goods Sold - Weighted Ending Inventory Weighted Average Average Cost Cost Average # of units Average Cost per Cost of Cost per in Ending Ending Sold Goods Sold Unit Inventory unit Inventory Available for of units per unit 20 $ 440 525 Beginning Inventory Purchases: Mar.4 Jun. 9 Nov. 11 Total 25 30 30 105 600 540 2,105 $ Sales revenue Gross profit

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