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[The following information applies to the questions displayed below.) During the year. TRC Corporation has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory

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[The following information applies to the questions displayed below.) During the year. TRC Corporation has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul. 15 Purchase Oct. 6 Purchase Number of Units SB 130 208 118 522 Unit Cont $50 52 55 56 Total cost $ 2,900 7,176 11, 440 5,608 $28,124 For the entire year, the company sells 444 units of Inventory for $68 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 Cout Ending Inventory Weighted Average Cost Weighted Average Cont Cost at Goods Available for Sale Cost of Goods Available for unit Salo of units Cost per of units Sold Cost per Unit Cost of Goods Sold of units in Ending Inventory Cost per unit Ending Inventory 58 $ 2.900 Beginning Inventory Purchases Apr 07 Jul 18 Oct 06 Total 138 203 118 522 7.170 11440 5.600 28,124 $

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