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During the year, Wright Company sells 425 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Date Jan.

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During the year, Wright Company sells 425 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Units 60 235 170 465 Unit Cost $ 79 82 87 Total Cost $4,740 19.278 14,790 $38,800 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 Weighted Average Cost Cost of Goods Sold-Weighted Average Cost of units Average Cost Cost of Goods sold per Unit Sold Average Cost of Goods Cost per Available for Sale 4.740 # of units Ending Inventory - Weighted Average Cost of units Average Cost Ending in ending Inventory per unit Inventory Beginning Inventory Purchases: May 6 Nov 3 Total 19.270 14,790 465 $ 38,8007

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