HOW DO YOU DO QUESTION 3A-4

During the year, TRC Corporetion has the following irwentory trensections. For the entire ynar, the compony snils 440 units of inwatory for $54 mach. Required: 1.a \& b. Using FFO, calculate ending inweritory and cost of goods sold. 2-a o b. LJing LIFO, calculate ending irventbyy and cost of godess soid. z-c \& d. Using LIFO, calculate sales revenue and gross profit. 3-a \& b. Lsing woighted-wverage cost, calculate ending inwontory and cost of gooda sold. 3-c \& d. Using weighted-everage cost, calculate sales fevenue and gross profit. 4. Determine which method will result in higher profitability whan irventory costs are rising. Complete this question by entering your answers in the tabs below