During the year, Wright Company sells 435 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year. Number of Unit Date January 1 May 5 Transaction Units Cost Total Cost Beginning inventory Purchase 40 $80 $3,200 240 83 19,920 November 3 Purchase 180 88 460 15,840 $38,960 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.) Answer is complete but not entirely correct. Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost Weighted Average Cost Number of units Average Cost per unit Cost of Goods Available Number of units sold for Sale Average Cost per Unit Cost of Goods Sold Number of units in ending inventory Average Cost per unit Ending Inventory Beginning Inventory 40 $ 3,200 Purchases: May 5 240 19,920 November 3 180 15,840 Total 460 $ 84.6957 $ 38,960 435 $ 0.2759 120.02 25 84.6957 2,117.39