During the year, Wright Company sells 525 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year May 5 Number of Unit Total Date Transaction Unita coat Cost January 1 Beginning Inventory 60 566 Purchase $3,960 280 69 November ) Purchase 19,320 230 74 17,020 570 540,300 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.) Cost of Goods Available for Sale Weighted Average Cost Answer is complete but not entirely correct. Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost Number Number Average Cost of Goods of units of units Ending Cost per Average Sold sold Unit in ending Inventory Cost per unit Inventory Number of units Average Cost per unit Cost of Goods Available for Sale 5 3,960 60 Beginning Inventory Purchases May 5 November 3 Total 280 230 570 19,320 17.020 40,300 s 70.7000 $ 525 70.7000 $ 37. 117.50 45 . 70.7000 s 3,181.50