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Glasgow Corporation at the following inventory transactions during the year Transaction Tan 1 timestory Apri rurchase 1.1 Purchase Unte Number of units Cost 45 5.33 125 30 195 42 49 47 Total Cost $ 1.165 4.675 3.190 519,245 For the entire year, the company sells 414 units of inventory for $55 each 2. Using LIFO calculate ending inventory cost of goods sold, sales revenue and gross profit Ending leventory Cour of Goods Sold Costol Cost per of us unit Goods Sole Wolne Cost Ending per Inventory LIFO Cast of Goods wie for Sale Costol Cast per Goods Available For Sale Beginning inventory Purchases Apr 07 Jul 16 Odos Total Sales revenue Grossrole Required information The following information applies to the questions displayed below) Glasgow Corporation has the following inventory transactions during the year, Unit Date Transaction umber of Units Cost Total Cost Jan. 1 Beginning inventory 45 $ 37 $ 1,565 Apr. 7 Purchase 125 39 Jul.16 Purchase 4,675 195 42 8,190 Oct. 6 Purchase 43 4,515 470 $19,245 os For the entire year, the company sells 414 units of inventory for $55 each 3. Using weighted average cost calculate ending inventory, cost of goods sold, sales revenue and gross profit (Round "Average Cou 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 Ending Inventory Weighted Average Cost of units Cost per unit Cost of Goods Available for Sale of units Sold Cost per Unit Cost of Goods Sold of units in Ending Inventory Cost per unit Ending Inventory 45 5 1,665 Beginning inventory Purchases Apr 07 Jul 16 Oct 06 Total 125 195 105 470 4.875 8.190 4,515 19.245 5 Sales revenue Gross profit

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