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2 During the year, Wright Company sells 450 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year. 0.66

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2 During the year, Wright Company sells 450 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year. 0.66 points Date Transaction Jan. 1 Beginning inventory May. 5 Purchase Nov.) Parehase Number of Unit Total Unito Cost Cost 50 581 $ 6,050 04 20,580 190 16.210 485 541,540 245 ebook Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO. Print LIFO References Cost of Goods Available for Sale of units Cost per unit Cost of Goods Available for Sale 50 $ 811 5 4,050 Cost of Goods Sold of units Cost per unit cost of Goods Sold $ 81 $ 0 Ending Inventory Ending of units Cost per unit Inventory Beginning Inventory Purchases: May 5 Nov. 3 Total 245$ 1907 $ 485 84 89 0 20,580 16,910 41.540 2455 $ 245 84 89 $ 20.580 0 20.580 $ 0 $ 0

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