Question: EWORK Part 1 Saved ! Required information [The following information applies to the questions displayed below) During the year. TRC Corporation has the following inventory


EWORK Part 1 Saved ! Required information [The following information applies to the questions displayed below) During the year. TRC Corporation has the following inventory transactions, Unit Transaction Number of Units Cost Total Cost Jan. 1 Beginning inventory 51 $ 43 $ 2,193 Apr. 7 Purchase 131 45 5,895 Jul.16 Purchase 201 9,648 Oct. 6 Purchase 111 5,439 494 $23,175 Date 48 49 For the entire year, the company sells 431 units of inventory for $61 each 2. Using LIFO, calculate ending Inventory, cost of goods sold, sales revenue, and gross profit COD 12 11 PE - JORK Part 1 For the entire year, the company sells 431 units of Inventory for $61 each. 2. Using LIFO, calculate ending Inventory.cost of goods sold, sales revenue and gross profit. Ending Inventory # of units Cost Ending per unit Inventory LIFO Cost of Goods Available for Sale Cost of Goods Sold Cost of Cost per Cost of Cost per Goods # of units # of units Goods unit Available unit Sold for Sale Beginning Inventory $ 0 Purchases Apr 07 0 Jul 16 0 Oct 06 0 Total 0 $ 0 O search Required information pivo Jul 16 0 Oct 06 Total 0 0 0 $ 0 Sales revenue Gross profit
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