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 28 33 38 38 137 Unit Cost $ 30 29 28 26 Total Cost $ 840 957 1,064 988 $3,849 For the entire year, the company sells 101 units of inventory for $38 each. For the entire year, the company sells 101 units of inventory for $38 each. Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Cost # of units per Goods unit Available for Sale # of units Cost per Cost of Goods Sold unit # of units Cost Ending per unit Inventory Beginning Inventory Purchases: Mar 04 Jun 09 + Nov 11 Total Sales revenue Gross profit Next >