This is part 1-4 of the same question, not different questions

Required Information [The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions. Part 1 of 4 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul, 16 Purchase Oct. 6 Purchase Number of Units Unit Cost Total Cost $ 51 $ 3.899 139 53 7. 367 299 56 11.794 119 57 6,783 $28,863 Skipped For the entire year, the company sells 445 units of inventory for $69 each. Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Cost per Cost of Goods Available for Sale # of units Cost per unit # of units Ending Goods Cost # of units unit Sold per unit Inventory Beginning Inventory Purchases: Apr. 7 Jul. 16 $ 0 01 S 0 01 Oct. 6 Total Sales revenue Gross profit Required Information (The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Part 2 of 4 Date Transaction Jan. 1 Beginning inventory Apr 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units Unit Cost $ 51 139 53 59 Total Cost $ 3,099 7.367 11,784 6,783 $28,863 Skipped 2eg 119 526 For the entire year, the company sells 445 units of inventory for $69 each. 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Cost per Goods Cost Ending Cost of Goods Available for Sale # of units Cost per unit of units #of units per unit Inventory unit Sold Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total Sales revenue Gross profit Required Information [The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions. Part 3 of 4 Date Transaction Jan. 1 Beginning inventory Apr 7 Purchase Jul, 16 Purchase Oct. 6 Purchase Number of Units Unit Cost Total Cost 59 $ 51 $ 3,099 139 7.367 299 11,794 57 6,783 $28,863 Skipped 119 526 For the entire year, the company sells 445 units of inventory for $69 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 declmal 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 Cost of # of units # of units Cost per unit Cost of Goods Available for Sale # of units Sold Cost per Unit Goods Sold in Ending Cost per unit Ending Inventory Inventory $ 3.009 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 08 Total 7.367 11,704 6.783 28,863 Sales revenue Gross profit Required Information [The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions Part 4 of 4 Number of Units Unit Cost $ 51 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 59 139 53 Total Cost $ 3,099 7,367 11,794 6.783 $28,863 Skipped 299 119 57 For the entire year, the company sells 445 units of inventory for $69 each. 4. Determine which method will result in higher profitability when inventory costs are rising. Multiple Choice Welghted-average o oo