Required information The following information applies to the questions displayed below! During the year, Tromblery Incorporated has the following inventory transactions Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun.2 Purchase Nov. 11 Purchase Number of Units 13 18 23 23 77 Unit Cost $15 14 13 11 Total Cost 5195 252 299 253 $999 For the entire year, the company sells 61 units of inventory for $23 cach. Required: 1. Using FIFO, calculate ending inventory cost of goods sold, sales revenue and gross profit Answer is not complete. FIFO Cost of Goods Sold Endi Cost of Goods Available for Sale # of Cost Cost of Goods per units unit Available for Sale 13 $153 195 Cost #of units per unit Cost of Goods Sold #of units 13$ 15 $ 105 0 $ Beginning Inventory Purchases Mar 04 Anos Nov 11 Total 18 S 14 23 S 13 23 11 77 252 299 253 999 18 $ 14 23$ 13 7$ 11 61 0 0 252 299 77 823 $ 5 $ estions displayed below) the following inventory umber Units (3 Unit Cost 5 15 14 13 11 Total cost $195 252 299 253 $999 23 its of inventory for $23 each. goods sold, sales revenue, and gross Answer is not complete. Cost of Goods Sold Ending Inventory Wot units Cost per unit Cost of Goods Sold #of units Cost per unit Ending Inventory 13$ 15 $ 195 og 18$ 14 23 S 13 7311 61 252 290 77 823 0 0 $ Nov 11 23 $ 11 Total 77 $ Sales revenue Gross profit ic raw II on estions displayed below) the following inventory umber Units (3 Unit Cost 5 15 14 13 11 Total cost $195 252 299 253 $999 23 its of inventory for $23 each. goods sold, sales revenue, and gross Answer is not complete. Cost of Goods Sold Ending Inventory Wot units Cost per unit Cost of Goods Sold #of units Cost per unit Ending Inventory 13$ 15 $ 195 og 18$ 14 23 S 13 7311 61 252 290 77 823 0 0 $ Nov 11 23 $ 11 Total 77 $ Sales revenue Gross profit ic raw II on