US7253A%25 252Fims mhieducation.com 25 mapter 6 Homework Saved 4 rt 2 of 4 Required information [The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. nts Skipped Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 44 124 194 104 466 Unit Cost $ 36 38 41 42 Total Cost $ 1,584 4,712 7,954 4,368 $18,618 eBook Hint Print For the entire year, the company sells 413 units of inventory for $54 each. eferences 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 # of units Cost per Goods unit Available for Sale # of units Cost per Cost of Goods Sold # of units Cost Ending per unit Inventory unit FUI UTHIR VA TE LOTIIVSS 415 US HIVIHIV U1134 H Required information 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Available for Sale # of units Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory $ 0 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 + Olololo Total 0 $ Sales revenue Gross profit