Save & Exit Subr The following information applies to the questions displayed below.) During the year. Trombley Incorporated has the following inventory transactions Number of Units Unit Cost $ 23 Date Jan. 1 Mar. 4 Jun. 9 Nov. 11 Transaction Beginning Inventory Purchase Purchase Purchase Total Cost $ 483 572 651 589 19 8 $ 2,295 For the entire year, the company sells 82 units of inventory for $31 each. Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Sold L Ending Inventory Cost of Goods Available for Sale Cost of Average Goods Average Ending # of units Cost per Available # of units Cost unit Average Cost of # of units Cost per Goods unit Sold $ 0 $ 0 for Sale per unit Inventory Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total 0$ 00 $ 0 0 Soff Sales revenue Gross profit 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of # of units Cost per Goods Available unit for Sale Average Average Ending Average Cost of # of units Cost per Goods unit Sold # of units Cost per unit Inventory Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total 05 00 Sales revenue Gross profit 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Weighted Average Cost per unit" to 2 decimal places.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost Weighted Average Cost Cost of Average Cost of Goods # of units Cost per Available for unit Sale # of units Sold Average Cost per Unit # of units in Ending Average Cost per Goods Sold Ending Inventory Inventory Unit Beginning Inventory Purchases: Mar. 4 Jun 9 572 Nov. 11 Total 109 589 2.295 $ TT T Sales revenue Gross profit