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During the year, Wright Company sells 340 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year. Number of

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During the year, Wright Company sells 340 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year. Number of Date Cost Jan. 1 May. 5 Transaction Beginning inventory Purchase Purchase Total cost $2.950 16,170 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 Sold - Weighted Average Ending Inventory - Weighted Average Cost Weighted Average Cost Cost of Goods Available for Sale Average Cost of Goods of units Cost per Adilable for of units of units Average Cost Cost of Goods sold per Unit Sold Average Cost per unit Ending Inventory Beginning inventory Purch 18.170 STO 3 20 PTO $ 0.00

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