Chapter 6 Homework Part 1 A Saved 10 During the year, Wright Company sells 475 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year. Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Units 40 255 205 500 Unit Cost $ 71 74 79 eBook Total Cost $ 2,840 18,870 16,195 $37,905 Print 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 Sold - Weighted Average Ending Inventory - Weighted Average Cost of Goods Available for Sale Cost Cost Average Cost of Goods # of units Average Cost Cost of Goods # of units Average Cost # of units Cost per Ending Available for sold Sold in ending per Unit Sale Inventory per unit unit inventory 40 $ 2,840 Beginning Inventory Purchases: May 5 Nov.3 Total 255 205 18,870 16,195 37,905 500 $ $ 0.00 $ 0.00