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Saved Chapter 6 9 During the year, TRC Corporation has the following inventory transactions. Part 2 of 4 Date Jan. 1 Apr. 7 Jul 16
Saved Chapter 6 9 During the year, TRC Corporation has the following inventory transactions. Part 2 of 4 Date Jan. 1 Apr. 7 Jul 16 Oct. 6 Transaction Beginning inventory Purchase Purchase Purchase Number of Units 42 122 192 102 Unit Cost $ 34 36 39 40 Total Cost $ 1,428 4,392 7,488 4,080 0.78 points 458 $ 17,388 eBook For the entire year, the company sells 411 units of inventory for $52 each Hint Print 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue and gross profit. LIFO Cost of Goods Sold Ending Inventory References Cost of Goods Available for Sale Cost of Average of units Cost per Goods Available for Sale Average Cost of #of units Cost per Goods unit Sold Average # of units Cost Ending per un Inventory Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total Sales revenue Gross profit
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