For two parts as its a two part question for FIFO and LIFO. Using the same tranaction sheet for each as you see in the first picture.

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. Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 58 138 208 Unit Cost $ 50 52 Total Cost $ 2,900 7,176 11,440 6.608 55 $28, 124 For the entire year, the company sells 444 units of inventory for $68 each. Exercise 6-4A Part 1 Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Prey 1 2 of 2 Next > 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per Cost of Goods Available for Sale Cost of Goods Sold of units cost per unit unit # of units w Cost Ending per unit Inventory $ 0 $ Beginning Inventory Purchases: Apr. 7 Jul. 16 $ $ 0 0 Oct.6 0 Total Sales revenue Gross profit Exercise 6-4A Part 2 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Available for Sale # of units cost per unit Cost of Goods Sold #of units Cost Ending per unit Inventory Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total Sales revenue Gross profit