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4 0.88 points boon www ANTECES Date Jan, 1 Hey. S Nov. 3 Transaction Beginning Inventory Purchase Purchase During the year, Wright Company sells 370

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4 0.88 points boon www ANTECES Date Jan, 1 Hey. S Nov. 3 Transaction Beginning Inventory Purchase Purchase During the year, Wright Company sells 370 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year. Weighted Average Cost Beginning Inventory Purchases May 5 Number of Unit Units Cost $.75 78 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); Cost of Goods Available for Sale Cost of Goods Available for Sale 3.750 Average #of units Cost per unit 60 50 215 129 395 215 S saved 18.770 Total Cost $3,750 16,770 10,790 $11,110 Pres Cost of Goods Sold-Weighted Average Ending Inventory Weighted Average Cost of units Average Cost Cost of Goods sold Sold per Unit 17 Help Next > of units in ending inventory Cost Average Cost per unit Save & Exit Submit Ending Inventory Check my work 4 0.88 points lock From Retences Weighted Average Cost Beginning Inventory Purchases May 5 Nov 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.) Total of units 50 395 Cost of Goods Available for Sale Cost of Goods Available for Salo 215 136 1 Average Cost per unit S 5 3.750 $31,310 16770 10.790 31.310 Cost of Goods Sold-Weighted Average Ending Inventory Weighted Average Cost Cost of units Average Cost Ending in ending inventory per unit Inventory of units Average Cost Cost of Goods sold Sold per Unit 370 000 0.00 Check my wort

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