Question: Brief Exercise 6 - 5 ( Static ) Calculate ending inventory and cost of goods sold using FIFO ( LO 6 - 3 ) During

Brief Exercise 6-5(Static) Calculate ending inventory and cost of goods sold using FIFO (LO6-3)
During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase
transactions for the year.
Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO.
Brief Exercise 6-5(Static) Calculate ending inventory and cost of goods sold

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