Using FIFO, LIFO, & weighted average.

During the year, Trombley Incorporated has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun. 9 Purchase Nov. 11 Purchase Number of Units 25 30 35 35 125 Unit Cost $ 27 26 25 23 Total Cost $ 675 780 875 805 S3, 135 For the entire year, the company sells 98 units of inventory for $35 each. (HINTS: In this problem, you are asked to compute COGS and ending inventory using FIFO, LIFO and average cost using tables with 3 major columns: goods available for sale, COGS, and ending inventory. For FIFO/LIFO, enter the # of units in beginning/ending inventory and the cost per unit will automatically carry into the COGS column. For average cost, round the average cost per unit to 4 decimal places. After each table, you'll be asked to compute Gross Profit.) 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Ending Inventory Cost of Goods Available for Sale Cost of Cost per Goods # of units unit Available for Sale $ 0 Cost of Goods Sold Cost of # of units Goods unit Sold Cost per # of units Cost Ending per unit Inventory $ 0 $ 0 Beginning Inventory Purchases: Mar 04 0 $ 0 $ Jun 09 Nov 11 OOO OOO 0 $ Total 0 S 0 Sales revenue Gross profit