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Required information The following information applies to the questions displayed below! During the year, a company has the following inventory transactions Date Transaction Jan. 1

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Required information The following information applies to the questions displayed below! During the year, a company has the following inventory transactions Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 60 140 210 120 530 Unit Cost $52 54 +57 58 Total cost $ 3.120 7.560 11,970 6.960 529,610 For the entire year, the company sells 450 units of inventory for $70 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 Cost Ending Inventory - Weighted Average Cost Cost of Goods Available for Sale Weighted Average Cost Cost of Goods Available for Sale # of units Sold Cost per unit Cost of Goods Sold Cost per Unit Cost per unit # of units in Ending Inventory Ending Inventory # of units 60 $ 3,120 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 140 210 120 530 7,560 11,970 6,960 29.610 $ 3. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue per unit" to 4 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Weighted Average Cost # of units Cost per unit Cost of Goods Available for Sale # of units Sold Cost per Unit Cost of Goods Sol 60 $ 3,120 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 140 210 7,560 11,970 6,960 29,610 120 530 Total $ Sales revenue Gross profit

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