Check 8 Part 3 014 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 10 Number of Units 20 25 unit Cost Date Transaction Jan 1 Beginning inventory Har 4 Purchase Jun 9 Purchase Nov. 11 Purchase 21 20 10 Total cost $140 525 600 540 $2,105 30 105 For the entire year the company sells 81 units of inventory for $30 each Exercise 6-5A Part 3 My WOI 8 Required information 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.) Part 3 014 10 points Weighted Average Cost Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Average cost of Goods Average of units w of units Cost per Available for Cost per Cost of Sold unit Sale Unit 20 $ 140 Ending Inventory Weighted Average Cost of units Average Cost per Ending Inventory unit Inventory Goods sold in Ending Hint 525 Beginning Inventory Purchase Mar 4 Juno Nov 11 Total Reference 25 30 30 105 000 540 2,105 5 eBook Hint Print Sales revenue Gross profit References