Question: omework Chapter #6 Saved Help Save & Exit Submit Check my work During the year, TRC Corporation has the following inventory transactions. Number of Units
omework Chapter #6 Saved Help Save & Exit Submit Check my work During the year, TRC Corporation has the following inventory transactions. Number of Units Unit Coat $ 46 t 1 of 4 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 134 204 51 Total Cont $ 2,484 6,432 10,404 5,928 $25,248 114 52 506 For the entire year, the company sells 440 units of inventory for $64 each. -Book Hint print Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. rences FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units " # of units Cost per Cost of Cost per Goods unit Available for Sale $ 46 $ 2,484 1 unit ' Cost of Goods Sold # of units Cost Ending per unit Inventory 54 $ 46 $ 0 Beginning Inventory Purchases: Apr. 7 Jul. 16 Oct.6 Total 134 $ 204 $ 48 51 $ $ 48 51 6,432 10,404 0 19,3201 392 $
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