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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.

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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 Transaction Beginning inventory Purchase Purchase Number of Unita 40 285 235 560 Unit Cont $ 65 68 73 Total Cont $ 2,600 19,380 12.155 $39,135 May. 5 Nov. 3 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 Cost of Goods Bold - Weighted Average Ending Inventory - Weighted Average Cost Cost Average Cost of Goods of units of units Cost per of units Average Cost Cost of Goods Available for Ending Average Cost In ending sold unit Sale Sold per Unit Inventory per unit Inventory 40 $ 2.600 Beginning Inventory Purchases May 6 Nova Total 285 235 560 19,380 17,155 39.135 $

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