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. Unit Cost $ 52 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 60 140 210 120 530 Total Cost $ 3,120 7,560 11,970 6,960 $ 29,610 se For the entire year, the company sells 450 units of inventory for $70 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 2 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Weighted Average Cost Cost of Goods Sold - Weighted Ending Inventory - Weighted Average Average Cost Cost # of units Average # of units Cost of Average Cost per Sold Ending Cost per Unit Goods Sold Inventory Inventory unit # of units Cost of Goods Available for Sale $ 3,120 Average Cost per unit Unit Goods Sold in Ending Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 140 210 120 530 7,560 11,970 6,960 29,6101 $ $ 29,510 Sales revenue Gross profit