Refer to the information in BE6€“5. Calculate ending inventory and cost of goods sold for 2015, assuming the company uses LIFO.
In BE6€“5, During 2015, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for2015.

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Total Cost Date Jan. 1 May 5 Number of Units 60 250 200 510 Unit Cost S82 85 90 Transaction 4,920 21,250 18,000 $44,170 Beginning inventory Purchase Nov. 3 Purchase