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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. For the entire year,
Required information [The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions. For the entire year, the company sells 450 units of inventory for $70 each. Jsing weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Average Cost unit" to 2 decimal places and all other answers to the nearest whole number.) 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.)
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