3 ! Port 2014 Required information Exercise 6-4A Calculate inventory amounts when costs are rising (L06-3) [The following information applies to the questions displayed below) During the year, TRC Corporation has the following inventory transactions 10 points Book Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Unit Number of Units Cost 60 $ 52 140 54 210 57 12e 58 530 Total Cost $ 3,120 7.56e 11,970 6,96 $29,610 Hot Print References For the entire year, the company sells 450 units of inventory for $70 each Exercise 6-4A Part 2 3 Required information 2. Using LIFO. calculate ending inventory, cost of goods sold, sales revenue and gross profit Part 2 of 4 LIFO Cost of Goods Sold Ending Inventory 10 points Cost of Goods Available for Sale Cost of Goods # of units unit Available for Sale Cost per Cost per w of units unit Cost of Goods Sold of units Cost Ending per unit Inventory oflook Hing Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total Pin Reference eBook Hint Print Sales revenue Gross profit References