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Required information Exercise 6-4A Calculate Inventory amounts when costs are rising (LO6-3) The following information applies to the questions displayed below) During the year. TRC Corporation has the following inventory transactions. Number of Units Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul. 16 Purchase Oct. 6 Purchase 124 194 104 466 Unit Cost S 36 38 41 42 Total Cost $ 1,584 4,712 7.954 4,368 518, 618 For the entire year, the company sells 413 units of inventory for $54 each Exercise 6-4A Part 3 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.) Co 5 6 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue and gross proft. (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 Good Sold Weighted Average Cout En laventory Weighted Average Cost Weighted Average Cost Cost per of units 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 44 $ 1584 Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total 124 194 104 466 4.712 7.954 4368 18.618 $ Sales revenue Gross profit