loelDe Goods Sold Gross Profit Expenses Net Income Operating Lennon Harrison McCartney Starr $18,000 $8,000 $3,500 20,000 $11,000 13,000 16,000 6,000 $4,500 6,500 3,000 1,500 9,000 6,0004,000 10,000 ending inventory of goods sold O (LO6-3) BE6-5 During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Number of Units 60 250 200 510 Unit Cost $82 85 90 Total Cost $ 4,920 21,250 18,000 $44,170 Transaction Date Jan. 1 May 5 Nov. 3 Beginning inventory Purchase Purchase & Close 38 PM so you get the best experience on our website. By using our site, you are agreeing to our Cookie Policy