Question: During the year, Wright Company sells 5 5 0 remote - control airplanes for $ 1 0 0 each. The company has the following inventory

During the year, Wright Company sells 550 remote-control airplanes for $100 each. The company has the following inventory purchas
transactions for the year.
Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO.
 During the year, Wright Company sells 550 remote-control airplanes for $100

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