Required information (The following information applies to the questions displayed below) During the year, TRC...
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Finance
Required information (The following information applies to the questions displayed below) During the year, TRC Corporation has the following inventory transactions Date Transaction Jan. 1 Beginning inventory Apr.) Purchase Jul.16 Purchase Oct. 6 Purchase Number of units 60 140 210 120 530 Unit Cost $52 54 57 58 Total Cost $), 120 7.560 11,970 6.960 $29,610 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 proft. (Round "Average Cost per unit" to 2 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 Average Ending in Ending Cost per unit Inventory Inventory # of units Cost of Goods Available for Sale Average Cost per unit # of units Sold Average Cost of Cost per Unit Goods Sold 60 S 3.120 Beginning inventory Purchases Apr 07 Jul 16 Oct 06 140 210 7,560 11 970 6.960 29.610 120 530 S 55 87 $ 55.87 450 $ Total 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 2 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold Weighted Ending inventory Wohted Average Average Cost Cont Weighted Average Cost of Goods Cost of units Average Average # of units Cost of Average of units Ending Cost per unit Coat per Unit Goods Sold in Ending cost per unit Inventory Inventory Available for Sale Sold 60 $ 3.120 Beginning Inventory Purchases Apr 07 Jul 16 Oct 05 Total 140 210 120 5307 7,560 11 970 6.960 29,610 55 87 55 87 S 450 S Sales revenue Gross profit


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You can see the logs in the Dashboard.