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Help During the year, Wright Company sells 320 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year. Date

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Help During the year, Wright Company sells 320 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year. Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Units 50 200 100 350 Unit Cost $ 72 75 80 Total Cost $ 3,600 15,000 8,000 $26,600 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 Average Cost of Goods #of units Cost per Available for unit Sale 50 $ 3,600 Cost of Goods Sold - Weighted Average Ending Inventory - Weighted Average Cost Cost # of units # of units Average Cost Cost of Goods Average Cost Ending sold in ending per Unit Sold per unit Inventory inventory Beginning Inventory Purchases: May 5 Nov 3 Total 200 100 350 15,000 8.000 26,600 $

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