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During the year, Wright Company sells 455 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 455 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Date Jan. 1 May. Nov. 3 Transaction Teginning inventory Durchase Purchase Number of Unita 60 2.35 Unit Total Cost Cost $ 79 $4,740 02 19,290 87 16,095 3404,105 480 Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO, FIFO Cost of Goods Available for Sale Cost of Goods Sold W of units Cost per unit Cost of Goods Cost of Goods Available for sale of units Cost per unit Sold 5 0 $ 0$ 0 Ending inventory Ending Cost per unit Inventory of units Beginning Inventory Purchase May B Nov 3 Total o $ 0 0 $ 0 0 0 0 0 $ 0 0 $ 0 $ 0

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