During the year, Wright Company sells 340 remote-control airplanes for $120 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 40 210 120 370 Unit Cost $ 74 77 82 Total Cost $ 2,960 16,170 9,840 $28,970 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 Available for Sale Average Cost of Goods # of units Cost per Available for unit Sale 40 $ 2,960 Cost of Goods Sold - Weighted Average Cost W of units Average Cost Cost of Goods sold per Unit Sold Ending Inventory - Weighted Average Cost #of units In ending Average Cost Ending Inventory per unit Inventory Beginning Inventory Purchases May 5 Nov.3 Total 210 120 370 16,170 9,840 28,970 $ 78.2972 $ $ 78.2972 $ 0.00 $ 78 2972 5 0.00