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The following information applies to the questions displayed below.J During the year, Trombley Incorporated has the following inventory transactions. Number Unit Date Transaction of Units
The following information applies to the questions displayed below.J During the year, Trombley Incorporated has the following inventory transactions. Number Unit Date Transaction of Units Cost Total Cost Jan. 1 Beginning Mar. 4 Purchase Jun. 9 Purchase Nov. 11 Purchase 13 $15 18 23 23 195 inventory 14 13 252 299 253 $ 999 For the entire year, the company sells 61 units of inventory for $23 each. value: 10.00 points Required 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. Cost of Goods Available FIFO Cost of Goods Sold Ending Inventory for Sale Average Cost of AveragCost of # of Cost Goods # of | Cost | units per Goods #of . Cost endin Available units per Sold units per Invent unit unit for Sale unit Beginning 13 15 195 13$ 15 S 195 Inven Purchases: Mar 04 Jun 09 Nov 11 18 23 252 299 253 18 23 252 299 253 13 13 Total Sales revenue Gross profit
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