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During the year, Wright Company sells 4 7 0 remote - control airplanes for $ 1 1 0 each. The company has the following inventory

During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year.
\table[[Date,Transaction,\table[[Number of],[Units]],\table[[Unit],[Cost]],\table[[Total],[Cost]]],[January 1,Beginning inventory,60,$82,$4,920
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