Req 1a and b Req 1c and d Req 2a and b Req 2c and d Req 3a and b Req 3c and d Req 4 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Weighted Average Cost } & \multicolumn{3}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{3}{|c|}{ Cost of Goods Sold - Weighted Average Cost } & \multicolumn{3}{|c|}{ Ending Inventory - Weighted Average Cost } \\ \hline & \begin{tabular}{c} Number \\ of units \end{tabular} & \begin{tabular}{l} Average Cost \\ per Unit \end{tabular} & \begin{tabular}{c} Cost of Goods \\ Available for \\ Sale \end{tabular} & \begin{tabular}{r} Number \\ of units \end{tabular} & \begin{tabular}{c} Average Cost per \\ Unit \end{tabular} & \begin{tabular}{l} Cost of Goods \\ Sold \end{tabular} & \begin{tabular}{c} Number of \\ units \end{tabular} & \begin{tabular}{c} Average Cost per \\ Unit \end{tabular} & \begin{tabular}{l} Ending \\ Inventory \end{tabular} \\ \hline Beginning Inventory & 43 & & 1,505 & & & & & & \\ \hline \multicolumn{10}{|l|}{ Purchases: } \\ \hline July 16 & 193 & & 7,720 & & & & & & \\ \hline October 06 & 103 & & 4,223 & & & & & & \\ \hline Total & 462 & & 17,999 & & & & & & \\ \hline \end{tabular} Req 2c and d Req 3c and d > Using FIFO, calculate ending inventory and cost of goods sold. Using LIFO, calculate ending inventory and cost of goods sold. During the year, TRC Corporation has the following inventory transactions. For the entire year, the company sells 412 units of inventory for $53 each. Required: 1-a \& b. Using FIFO, calculate ending inventory and cost of goods sold. 1-c \& d. Using FIFO, calculate sales revenue and gross profit. 2-a \& b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c \& d. Using LIFO, calculate sales revenue and gross profit. 3-a \& b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c \& d. Using weighted-average cost, calculate sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are rising. Complete this question by entering your answers in the tabs below. Using FIFO, calculate ending inventory and cost of goods sold. Complete this question by entering your answers in the tabs below. Using weighted-average cost, calculate sales revenue and gross profit. (Round answers to 2 decimal places.) For the entire year, the company sells 412 units of inventory for $53 each. Required: 1-a \& b. Using FIFO, calculate ending inventory and cost of goods sold. 1-c \& d. Using FIFO, calculate sales revenue and gross profit. 2-a \& b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c \& d. Using LIFO, calculate sales revenue and gross profit. 3-a \& b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c \& d. Using weighted-average cost, calculate sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are rising. Complete this question by entering your answers in the tabs below. Using FIFO, calculate sales revenue and gross profit. Using LIFO, calculate sales revenue and gross profit