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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 21 26 31 31 109 Unit Cont $ 23 22 21 19 Total Cost $ 483 572 651 589 $2,295 For the entire year, the company sells 82 units of inventory for $31 each. aces 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Cost per Goods # of units unit Available for Sale # of units Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total Required information 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. Cost of Goods Sold Ending Inventory Cost per # of units Cost per Cost of Goods Sold # of units unit Cost Ending per unit Inventory LIFO Cost of Goods Available for Sale Cost of # of units Goods unit Available for Sale Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total Sales revenue Gross profit

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