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4 During the year. Wright Company sells 565 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year
4 During the year. Wright Company sells 565 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year Check my work Number of Unit Date Transaction Units Cost Total Cost points January 1 May 5 Seginning inventory 60 $63 $3,780 Purchase 295 66 19,470 November 1 Purchase 245 71 17,395 600 $40,645 eBook Pri References 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 Sold Weighted Average Cost Ending Inventory Weighted Average Cost Weighted Average Cost Number: of units Average Cost per unit Cost of Goods Available for Sah Number of units sold Average Cost per Unit Cost of Goods Sold Number of units in t ending inventory Average Cost per unit Ending Inventory Beginning Inventory 60 S 3,780 Purchases May 5 295 19.470 November 3 245 17.395 Total 600 $ 40.645 000 0.00
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