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 January 1 May 5 November 3 Weighted Average Cost Beginning Inventory Purchases May 5 November 3 Total Transaction Beginning inventory Purchase Purchase 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 Number Average Cost of units per unit Number of Units 40 210 120 370 40 210 120 370 Cost of Goods Available for Sale $ 2,960 Unit Cost $74 77 82 16,170 9,840 $ 28,970 Total Cost $2,960 16,170 9,840 $28,970 Cost of Goods Sold - Weighted Average Cost Number of units sold Average Cost per Unit Cost of Goods Sold Ending Inventory - Weighted Average Cost Number of units in ending inventory Average Cost per unit Ending Inventory

During the year, Wright Company sells 340 remote control airplanes for $120 each. The company has the following inventory purchase transactions for the year. Calculate ending inventory and cost of goods sold for the yeat, assuming the company uses weighted average cost. (Round your overoge cost per unit to 4 decimal ploces.)