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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. Data Transaction Number of

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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. Data Transaction Number of Units Unit Cost Total cost Jan. 1 Beginning inventory 47 $ 39 $ 1,833 Apr. 7 Purchase 127 41 5,207 Jul.16 Purchase 197 44 5,660 Oct, 6 Purchase 107 4,815 478 $20,523 For the entire year, the company sells 426 units of inventory for $57 each. 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue and gross profit. (Round "Average Cost Der 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 Average Cost Ending Inventory. Weighted Average cont Welghted Average Cost Cost per of units Cost of Goods Available for Sale unit of units Sold Cost per Unit Cost of Goods Sold #of units in Ending Inventory Cost per unit Ending Inventory 47 $ Beginning inventory Purchases 1 833 Apr 07 Jul 10 Od 06 Total 127 197 107 478 5207 8,668 4815 20,523 $

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