Brief Exercise 6-7 Calculate ending inventory and cost of goods sold using weighted-average cost 3) (Lo6- Durning the year, Wright Company sells 370 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year Jan. 1 May 5 Nov. 3 Transaction Beginning inventory Purchase Purchase of Units Unit Cost Total Cost 50 $75 3,750 16,770 10,790 215 130 78 83 395 $ 31,310 Calculate ending average cost per unit to 4 decimal places.) inventory and cost of goods sold for the year, assuming the company uses weighted-average cost (Round your Cost of Goods Sold - Weighted Ending Inventory Cost of Goods Available for Sale Average Cost Cost Weighted Average Cost Cost ofGoods | # of units | Cost per Aver Average Unit Goods Sold in ending Cost perEnding inventory unit Inventory age Available for sold | Goods Sold | inventory # of units | Cost per | Sale unit 3,750 50 Beginning Inventory Purchases May 5 Nov.3 215 130 395 16,770 10,790 $ 31,310 Total