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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 Number of Units Unit

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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 Number of Units Unit Cost $ 48 50 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 56 Total Cost $ 2,688 6,880 10,918 6,264 $26,670 136 206 116 514 53 54 For the entire year, the company sells 442 units of inventory for $66 each 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Average Cost per unit" to 4 decimal places and all other answers to the nearest whole number) For the entire year, the company sells 442 units of inventory for $66 each. 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Average Cost per unit" to 4 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold Weighted Averene Ending Inventory Weighted Average cost Weighted Average # of units Cost per Cost of Goods Available for of units Sold Cost of Cost per Unit unit # of units in Ending Goods Sold Cost per unit Ending Inventory Sale Inventory $ 2,688 Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total 206 6,800 10,918 6.264 26,670 116 5141 S S 5188715 22,93472 S 3.736

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