During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year.

During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Number of Unit Total Date Transaction Units Cost Cost Jan. 1 Beginning inventory 60 $ 82 $ 4,920 May . 5 Purchase 250 85 21, 250 Nov. 3 Purchase 200 90 18, 000 510 $ 44, 170 Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods # of units Cost per unit Cost of Goods Ending Available for Sale Sold # of units Cost per unit Inventory Beginning Inventory $ 0 $ 0 Purchases: May 5 0 $ O Nov. 3 0 $ O Total 0Calculate 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 Cost of Goods Sold - Weighted Average Ending Inventory - Weighted Average Cost Cost Weighted Average Cost Average Cost of Goods # of units # of units # of units Cost per Available for Average Cost of Goods in ending Average Cost Ending unit Sale sold Cost per Unit Sold inventory per unit Inventory Beginning Inventory 60 $ 4,920 Purchases: May 5 250 21,250 Nov.3 200 18,000 Total 510 44, 170Calculate ending inventory and cost of goods sold for the year, assuming the company uses specific identification. Actual sales by the company include its entire beginning inventory, 230 units of inventory from the May 5 purchase, and 180 units from the November 3 purchase. Date Activity Units Sold Unit Cost Cost of Goods Sold Ending Inventory Units Unit Cost Ending Inventory Cost Jan. 1 Beginning Inventory May 5 Purchase Nov. 3 Purchase Total