Required information [The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions Transaction Number of Units Unit Cost Total Cost Date Jan. 1 Beginning inventory Apr. 7 Jul. 16 $ 41 2,009 49 Purchase 129 43 5,547 9,154 Purchase 199 46 Purchase Oct. 6 109 47 5,123 486 $21,833 For the entire year, the company sells 428 units of inventory for $59 each. 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods Cost per unit #of units Cost per unit Cost #of units er unit Inventory Ending #of units Sold Beginning Inventory Purchases: 41 S 49 $ 2,009 43 Apr 07 129 5,547 Jul 16 199 46 9,154 199 46 9,154 Oct 06 109 47 5,123 Total 428 486 21,833 Sales revenue Gross profit Required information The following information applies to the questions displayed below] During the year, TRC Corporation has the following inventory transactions. Transaction Number of Units Unit Cost Date Total Cost $ 41 Jan. 1 Beginning inventory Apr. 7 49 2,009 5,547 9,154 5,123 Purchase 129 43 Jul.16 Purchase 199 46 Oct. 6 Purchase 109 47 $21,833 486 For the entire year, the company sells 428 units of inventory for $59 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 Sold - Weighted Average Cost Cost of Goods Available for Sale Ending Inventory - Weighted Average Cost Weighted Average Cost of units of units Cost per Cost of Goods#of units Cost of Ending Inventory Goods Sold in Ending Inventory Available for Sale Cost per Unit Cost per unit Sold unit 2,009 Beginning Inventory 49 Purchases: Apr 07 129 5,547 Jul 16 199 9,154 Oct 06 109 5,123 486 S 21,833 Total Sales revenue Gross profit