Question: 00 Required information Exercise 6-5A Calculate inventory amounts when costs are declining (L06-3) [The following information applies to the questions displayed below) During the year.
00 Required information Exercise 6-5A Calculate inventory amounts when costs are declining (L06-3) [The following information applies to the questions displayed below) During the year. Trombley Incorporated has the following inventory transactions Part 3 of 4 Date Transaction Jan. Beginning inventory Mar. 4 Purchase Jun. Poxchase Nov. 11 Purchase . boints Number of Units 13 18 23 23 72 Unit Cost $15 14 13 Total cost $195 252 299 253 5999 References For the entire year, the company sells 61 units of inventory for $23 each Exercise 6-5A Part 3 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 Ending Inventory Weighted Average Cost Weighted Average Cost Average cost of Goods et units cost per Cost of Goods Sold Weighted Average Cost Average Cost of Goods Sold Unit Ending Inventory of units Cost per Available for unit Sale of units Average in Ending Cost per Inventory unit Sold 13 5 195 18 Beginning inventory Purchases Mar 4 Juno Nov. 11 Total 3.23 23 77 252 299 253 999 $ Sales revenue Gross profit
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