Required Information [The following information applies to the questions displayed below.) During the year, Trombley Incorporated has the following Inventory transactions. Unit Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun. 9 Purchase Nov. 11 Purchase Number of Units 11 16 21 21 69 Cost $ 13 12 11 9 Total Cost $ 143 192 231 189 $ 755 For the entire year, the company sells 51 units of inventory for $21 each. Required: 1. Using FIFO, calculate ending Inventory, cost of goods sold, sales revenue, and gross profit. Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Sold # of unit Cost Ending per unit Inventory FIFO Cost of Goods Available for Sale Cost of # of units Cost per Goods unit Available for Sale Beginning Inventory Purchases Mar 04 Jun 09 Nov 11 Total Sales revenue $ 1,071 Gross profit 2. Using LIFO, calculate ending Inventory, cost of goods sold, sales revenue, and gross profit. Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory LIFO Cost of Goods Available for Sale Cost of # of units Cost per Goods unit Available for Sale Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total Sales revenue Gross profit 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.) Weighted Average Cost Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Average cost of Goods Average # of units # of units Cost per Available for Cost of Cost per Sold Goods Sold unit Sale Unit Ending Inventory - Weighted Average Cost # of units Average Ending Cost per in Ending Inventory Inventory unit 11 $ 143 Beginning Inventory Purchases: Mar. 4 16 192 21 231 Jun.9 Nov. 11 21 189 Total 69 $ 755 Sales revenue Gross profit