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During the year, Wiright Company sells 585 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the Cost Total Jan

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During the year, Wiright Company sells 585 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the Cost Total Jan 1 Beginning inventory May 5 Purchase Nov 3 Purchase 60 295 S63 3,780 19,470 245 71 7,395 600 s 40,645 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 Average Cost Average Cost of Average Cost #Of units Average Ending ending Cost per Inventory Weighted Average Cost Cost of Goods s of units Cost per Goods Sold inventory it | Available for |-sold # of units | Cost per Unit Begnning Inventory 60 3,780 Purchases May 5 Nov 3 19,470 17.305 S 40,645 ol 245 Total re

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