During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year Unit Cost Date Jan. 1 May. 5 Nov. Transaction Beginning inventory Purchase Purchase Number of Units 50 250 280 520 562 85 90 Total Cost $4,920 21,250 18,000 544,170 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.) Weighted Average Cost Cost of Goods Available for Sale Average Cost of Goods of units Cost per Available for unit Sale 60 $ 4.920 Cost of Goods Sold-Weighted Average Ending Inventory - Weighted Average Cost Cost of units Average Cost Cost of Goods of units sold Average Cost per Unit Sold Inventory per unit Inventory In ending Ending Beginning inventory Purchases May 5 Nov Total 250 200 510 21 250 18.000 44,170 $