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[The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Date Jan. 1 Apr. 7 Jul,

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[The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Date Jan. 1 Apr. 7 Jul, 16 Oct. 6 Transaction Beginning inventory Purchase Purchase Purchase Number of Units 43 123 193 103 Unit Cost $ 35 37 40 41 Total Cost $ 1,505 4,551 7,720 4,223 462 $ 17,999 For the entire year, the company sells 412 units of inventory for $53 each. 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 Average # of units Cost per Goods Available unit for Sale Average # of units Cost per unit Cost of Goods Sold Average # of units Cost Ending Inventory per unit Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total Sales revenue Gross profit . During the year, TRC Corporation has the following inventory transactions. of 4 Date Jan. 1 Apr. 7 Jul. 16 Oct. 6 Transaction Beginning inventory Purchase Purchase Purchase Number of Units 43 123 193 103 Unit Cost $ 35 37 40 41 Total Cost $ 1,505 4,551 7,720 4,223 462 $ 17,999 mt For the entire year, the company sells 412 units of inventory for $53 each 3. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Weighted- Average Cost per unit" to 4 decimal places) ences Cost of Goods Available for Sale Weighted Average Cost Average cost of Goods of units Cost per Available for unit Cost of Goods Sold - Weighted Average Cost Average of units Cost per Cost of Sold Unit Goods Sold Ending Inventory - Weighted Average Cost # of units Average Ending in Ending Cost per Inventory unit Inventory Sale 43 $ 1,505 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 123 193 103 462 4,551 7,720 4.223 17,999 $ Sales revenue Gross profit

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