During the year, Wright Company sells 550 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year. Date January 1 May 5 November 3 Weighted Average Cost Beginning Inventory Purchases: Total May 5 November 3 Transaction Beginning inventory Purchase Purchase 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.) Number of units Cost of Goods Available for Sale 50 290 240 580 Number of Unit Units Cost 50 $64 67 72 Average Cost per unit 290 240 580 Cost of Goods Available for Sale $ $ Saved 3,200 19,430 17,280 39,910 Total Cost $3,200 19,430 17,280 $39,910 Cost of Goods Sold - Weighted Average Cost Number of units sold Average Cost Cost of Goods per Unit Sold $ 0.00 Hel Ending Inventory - Weighted Avera Number of units in ending inventory Average Cost per unit E In $

During the year, Wright Company sells 550 remote-control airplanes for $100 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 weighted-average cost. (Round your average cost per unit to 4 decimal places.)