Chapter 6 Assignment Saved Help Save -arch Bookmarks 2 During the year, TRC Corporation has the following inventory transactions. Favorites Apple - Bing Google - Yahoo Google - Yahoo Total Cost $ 1,505 Part 2 of 4 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul. 16 Purchase Oct. 6 Purchase Number of Units 43 123 193 103 462 Unit Cost $ 35 37 40 41 4,551 7,720 4,223 $17,999 1.5 points For the entire year, the company sells 412 units of inventory for $53 each. eBook Hint 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. Print References Cost of Goods Sold Ending Inventory # of units Cost per Cost of Goods # of units Sold Cost Ending per unit Inventory unit 0 LIFO Cost of Goods Available for Sale Cost of Cost per Goods # of units unit Available for Sale Beginning Inventory 43 $ 35 $ 1,505 Purchases: Apr 07 123 $ 37 4,551 Jul 16 193 $ 40 7,720 Oct 06 103 $ 41 4,223 Total 462 $ 17,999 103 $ 37 193 $ 40 0 3,811 7,720 4,756 $ 15,949 116 $ 41 50 $ 41 2,050 $ 2,050 50 Mc LU han