During the year. Wright Company sells 570 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year. Number of Unit Date Transaction Units Cost Total Cost Jan. 1 Beginning inventory 40 $ 62 $ 2,480 Mays Purchase 3ee 65 19,500 Nov. 3 Purchase 250 70 17.500 590 $39,480 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 Sold - Weighted Average Ending Inventory - Weighted Average Cost Cost Average cost of Goods #of units # of units Average Cost Cost of Goods of units Cost per Available for in ending Average Cost Ending unit Sale sold per Unit Sold inventory per unit Inventory 40 $ 2.480 Beginging Inventory Purchases: May 5 300 250 19.500 17.500 39,480 0.00 $ $ 0.00 20 Nov. 3 Total 570 590 $