20:21 ok ences: During the year, Wright Company sells 565 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Date: Jan. 1 May 5 Nov. 3 Transaction Beginning inventory Number of Units Unit Cost Total Cost 60 Purchase Purchase 295 $ 63 66 $ 3,780 19,470 245 71 680 17,395 $40,645 Calculate ending inventory and cost of goods sold for the year, assuming the company uses weighted-average cost. (Round your average cost per unit to 4 decimal places.) Weighted Average Cost Cost of Goods Available for Sale Average Cost of Goods Sold - Weighted Average Ending Inventory-Weighted Average Cost # of units Cost per Cost of Goods Available for unit Sale # of units Average Cost Cost of Goods sold per Unit Sold # of units in ending inventory Cost Average Cost per unit Ending Inventory Beginning Inventory 60 $ 3,780 Purchases: May 5 Nov.3 Total 295 19,470 245 17,395 600 $ 40,645 600 $ 63.0000 $ 37,800.00 35 $ 0.00