During the year, Wright Company sells 480 remote-control airplanes for $100 each. The company has the following Inventory purchase transactions for the year. Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Unit Units Cost s@ $70 260 73 210 78 520 Total Cost $3.5ea 18.988 16,388 $38.860 References Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO. FIFO Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods #of units Cost per unit Available for Sale of units Cost per unit cost of Goods of units Ending Inventory Cost per unit Ending Inventory Beginning Inventory Purchases May 5 Nov. 3 Total 4 During the year, Wright Company sells 535 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year. Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Unit Units Cost $65 285 68 235 73 56a Total Cost $ 2.600 19.380 17,155 $39,135 Book ferences Calculate ending Inventory and cost of goods sold for the year, assuming the company uses LIFO Ending Inventory LIFO Cost of Goods Available for Sale Cost of Goods Sold Cost per unit con Cost of Goods Sold of units Cost per unit of units Cost per unit Inventory Cost of Goods Available for Sale #of units Beginning Inventory Purchases May 5 Nov. 3 Total