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Chec 4 During the year. Wright Company sells 400 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year,

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Chec 4 During the year. Wright Company sells 400 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year, Date Jan. 1 May. 5 Nov. Transaction Beginning inventory Purchase Purchase Number of Units 50 230 160 440 Unit Cost 578 81 86 Total Cost $ 3,900 18,630 13.760 $36,290 ces 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 a decimal places.) Cost of Goods Available for Sale Cost of Goods Sold-Weighted Average Ending Inventory - Weighted Average Weighted Average Cost Coot Cost Average cost of Goods W of units W of units Cost per Available for Nof units Average Cost Cost of Goods Average Cost Ending sold per i In ending Sold Inventory per unit Inventory Beginning inventory $ 3,900 Purchases May 5 230 18,630 Nov 3 180 13.760 Total 440 $ 36,290 unit Sale 50

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