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Required information Exercise 6-5A Calculate inventory amounts when costs are declining (LO6-3) [The following information applies to the questions displayed below.] During the year, Trombley Incorporated has the following inventory transactions. Number Unit Date Jan. 1 Mar. 4 Jun. 9 Purchase Transaction of Units Cost Total Cost Beginning inventory Purchase 20 $ 22 $ 440 25 21 525 30 20 600 Nov. 11 Purchase 30 18 540 105 $2,105 For the entire year, the company sells 81 units of inventory for $30 each. Exercise 6-5A 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 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.) Ending Inventory - Weighted Average Cost Cost of Goods Sold - Weighted Average Cost Weighted Average Cost Average Cost of Goods # of units Cost per Available for # of units Sold unit Sale Average Cost per Unit Cost of Goods Sold # of units in Ending Inventory Average Cost per unit Ending Inventory Beginning Inventory 20 20 $ 440 Purchases: Mar.4 25 525 Jun.9 30 600 Nov.11 30 540 Total 105 $ 2,105 Sales revenue Gross profit

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