Chapter Six Homework a Saved Help Save & Exit Submit Check my work Required information The following information applies to the questions displayed below.) Part 1 of 4 During the year, TRC Corporation has the following inventory transactions points Number of Units Unit Cost Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Total cost $ 2,288 6,072 9.898 5,600 $23.858 eBook References For the entire year, the company sells 432 units of inventory for $62 each. Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit FIFO Ending Inventory Cost of Goods Available for Sale Cost of Peter Ande Cost of Goods Sold not a cost of cul Check my w LUL $ 44 vale TELU Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 132 46 202 49 TULA CU $ 2.288 6,072 9,898 5.600 $23.858 Part 1 of 4 For the entire year, the company sells 432 units of inventory for $62 each. points Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. eBook Hint FIFO Cost of Goods Sold Ending Inventory References Cost of Goods Available for Sale Cost of #of units Cost per Goods unit Available for Sale $ 0 of Whits Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory $ 0 $ 0 Beginning Inventory Purchases: T I op $ 0 op $ 0 of $ 0 0 0 0 Oct.6 Total Check m Required information FIFO Cost of Goods Sold Ending Inventory Part 1 of 4 Cost of Goods Available for Sale Cost of of units Cost per Goods unit Available for Sale | $ op # of units Cost per Cost of Goods Sold of units unit Cost Ending per unit Inventory $ 0 $ 0 points Beginning Inventory Purchases: Apr. 7 Jul. 16 Oct.6 Total eBook L 0S 001 0 S 0 0 0S 00 of Hint 0 $ References Sales revenue Gross profit