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EXAM REVIEW 1 Saved 1 [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 Unit Cost Total Cost 52 $ 44 $ 2,288 132 46 6,072 202 49 9,898 112 50 5,600 498 $23,858 For the entire year, the company sells 432 units of inventory for $62 each 3. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue and gross profit. (Round "Average Cost per unit" to 4 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost Weighted Average Cost of units Cost per unit Cost of Goods Available for Sale #of units Sold Cost per Unit Cost of Goods Sold #of units in Ending Inventory Cost per unit Ending Inventory 52 S 2288 Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 132 202 6,072 9,898 5,600 23 858 112 Total 498 $ here to search n Required information t 3 of 4 Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average C Weighted Average Cost # of units Cost per unit Cost of Goods Available for Sale # of units Sold Cost per Unit Cost of Goods Sold of units in Ending Inventory Cost per unit Endin Invento ts 52 $ 2,288 Beginning Inventory Purchases eBook Apr 07 132 6,072 9.898 Hint Jul 16 202 Oct 06 112 ferences 5,600 23,858 Total 498 $ Sales revenue Gross profit 31 of 50 Type here to search