During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Date January 1 May S November 3 FIFO Beginning Inventory Purchases: May 5 November 3 Transaction Beginning inventory Purchase Purchase Total Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO. Number of units 60 Cost of Goods Available for Sale 250 200 510 MELIH Cost per unit S SHALING D Band ATEN 82 Number of Units 60 85 90 NE 250 200 510 Unit Cost- Total Cost $82 85 90 S S Cost of Goods Available for Sale TE 4,920 $4,920 21,250 18,000 $44,178 21,250 18,000 $ 44,170 Number of units Cost of Goods Sold 0 Cost per unit Cost of Goods Sold S S 0 0 10 0 Ending Inventory Cost per unit Number of units 0 Ending Inventory S 0 1 Lapt TO 1965 GINKONEET

During the year. Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO