During the year, TRC Corporation has the following inventory transactions. Date Transaction Number of Units Unit...

During the year, TRC Corporation has the following inventory transactions. Date Transaction Number of Units Unit Cost Total Cost Jan. 1 Beginning inventory 54 $ 46 $ 2,484 Apr. 7 Purchase 134 48 6,432 Jul. 16 Purchase 204 51 10,404 Oct. 6 Purchase 114 52 5,928 506 $ 25,248 For the entire year, the company sells 440 units of inventory for $64 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.)

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ekkarill92 answered 1 year ago

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