Brief Exercise 6-7 Calculate ending Inventory and cost of goods sold using welghted-average cost (L06- 3) During the year. Wright Company sells 470 remote-control atrplanes for $110 each. The company has the following Inventory purchase transactions for the year Transaction Date Jan. 1 May: 5 Nov.) Beginning Inventory Number of Units 60 250 200 Unit Cost $ 82 85 90 Purchase Purchase Total Cost $ 4,920 21,250 18,000 $44,178 510 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 Weighted Average Cost Cost Cost of Goods Sold - Weighted Average Ending Inventory - Weighted Average Cost of units Average Cost Cost of Goods Average Cost Ending in ending per Unit Sold inventory per unit Inventory Average Cost of Goods of units Cost per Available for unit Sale 80 $ 4.920 of units sold Beginning Inventory Purchases: May 5 Nov 3 Total 250 200 510 21250 18,000 44 1705 0.00003 $ 0.00 0.00003 0.00