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Is this right? I keep getting this answer wrong.. During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the

image text in transcribedIs this right? I keep getting this answer wrong..

During the year, Wright Company sells 470 remote-control airplanes for $110 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 60 250 200 Unit Cost $ 82 85 90 Total Cost $ 4,920 21,250 18,000 $44,170 510 Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Available for Sale # of units Cost per unit Cost of Goods Sold # of units Cost per unit Ending Inventory $ 4,920 60 $ 82 $ 4,920 60 $ 82 4,920 60: $ 82 Beginning Inventory Purchases: May 5 250 $ 85 250 85 21,250 Nov. 3 200 $ 90 21,250 18,000 44,170 160 90 401 $ 90 14,400 40,570 3,600 $ 8,520 Total 510 $ 470 $ 100

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