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The following information applies to the questions displayed below. During the year, TRC Corporation has the following inventory transactions. NumberUnit Date 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. NumberUnit Date Jan. 1 Beginning Inventory Apr.7 Purchase Jul. 16Purchase Oct. 6Purchase Transaction of UnitsCostTotal Cost $34 36 39 40 42 122 192 102 1,428 4,392 7.488 4,080 458 $17,388 For the entire year, the company sells 411 units of inventory for $52 each. 25 Using LIFO, calculate ending inventory, cost of goods sold, sales revenue and gross proft LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending In Cost of Average Goods Average Cost of Avera

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