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Practice chpt 60 4 Saved Help Save & Exit Submit During the year, Wright Company sells 450 remote-control airplanes for $100 each. The company
Practice chpt 60 4 Saved Help Save & Exit Submit During the year, Wright Company sells 450 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year. Number of Unit Total eflook Date Jan. 1 Transaction Units: Cost Cost Print Beginning inventory May. 5 Purchase 50 245 $81 $4,05e 841 20,580 Nov. 3 Purchase 198 89 Beferences 485 16,910 $41,540 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.) Check my work
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