Question: Brief Exercise 6-5 Calculate ending inventory and cost of goods sold using FIFO (LO6-3) During the year, Wright Company sells 500 remote-control airplanes for $110

Brief Exercise 6-5 Calculate ending inventory and cost of goods sold using FIFO (LO6-3) During the year, Wright Company sells 500 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the yeat. Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO

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