[The following information applies to the questions displayed below.) During the year, Trombley Incorporated has the following inventory transactions. Number of Units 11 Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun. 9 Purchase Nov. 11 Purchase Unit Cost $ 13 12 11 9 16 21 21 Total Cost $ 143 192 231 189 $ 755 69 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. FIFO Ending Inventory Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods # of units unit Available for Sale $ 0 Cost per # of units Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory $ 0 $ 0 0 0 Beginning Inventory Purchases Mar 04 Jun 09 Nov 11 0 $ $ 0 0 0 0 $ 0 O 0 $ Total 0 Sales revenue Gross profit 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. Cost of Goods Sold Ending Inventory LIFO Cost of Goods Available for Sale Cost of Goods # of units unit Available for Sale $ 0 Cost per Cost per # of units unit Cost of Goods Sold # of units Cost Ending per unit Inventory 0 Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total OOO 0 $ 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.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Ending Inventory - Weighted Average Average Cost Cost Weighted Average Average Average cost of Goods # of units of units Average Cost Cost of Ending # of units Cost per Available for in Ending Cost per Sold Inventory Unit Inventory unit Cost per Goods Sold unit Sale 11 $ 143 192 Beginning Inventory Purchases Mar 4 Juno Nov 11 Total 16 21 21 69 231 189 755 $ Sales revenue Gross profit