During the year, Wright Company sells 520 remote-control airplanes for $100 each. The company has the following inventory purchas transactions for the year. Date Jan. 1 May. 5 Transaction Number of Units Unit Cost Total Cost Beginning inventory 50 $ 67 $ 3,350 Purchase 275 70 19,250 Nov. 3 Purchase 225 550 75 16,875 $39,475 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 # of units Cost per unit Cost of Goods Available for Sale Average Cost of Goods Available for Cost of Goods Sold - Weighted Average Ending Inventory - Weighted Average Cost Cost # of units sold Average Cost Cost of Goods per Unit Sold Sale # of units in ending inventory Average Cost per unit Ending Inventory Beginning Inventory 50 $ 3,350 Purchases: May 5 Nov.3 Total 275 19,250 225 16,875 550 $ 39,475