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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.
Date Transaction Number of Units Unit Cost Total Cost
January 1 Beginning inventory 60 $82 $4,920
May 5 Purchase 2508521,250
November 3 Purchase 2009018,000
510 $44,170
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.)

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