Question: Help with these 3 would be much appreciated. Chapter 06 Extra Credit (5 Points) Saved Check my work mode: This shows what is correct or

Help with these 3 would be much appreciated. Chapter 06 Extra Credit(5 Points) Saved Check my work mode: This shows what is corrector incorrect for the work you have completed so far. It doesHelp with these 3 would be much appreciated.

Chapter 06 Extra Credit (5 Points) Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicat 5 Brief Exercise 6-5 Calculate ending inventory and cost of goods sold using FIFO (LO6-3) 0.13 points During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Units 60 250 200 510 Unit Cost $ 82 85 90 Total Cost $ 4,920 21,250 18,000 $44,170 Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO. Answer is not complete. FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale # of Cost per Cost of Goods Available for units unit Sale 60$ 82$ 4,920 # of units Cost per unit Cost of Goods Sold # of units Cost per unit Ending Inventory 60$ 82 $ 4,920 X Beginning Inventory Purchases: May 5 Nov. 3 Total 0 $ 0 0 250 200 510 $ 0 0 4,920 0 4,920 60 $ 0 0 Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. 6 Brief Exercise 6-6 Calculate ending inventory and cost of goods sold using LIFO (LO6-3) 0.13 points During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Units Unit Cost Total Cost 60 $ 82 $ 4,920 250 85 21, 250 200 90 18,000 510 $44,170 Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO. X Answer is not complete. LIFO Cost of Goods Sold Cost of Goods Available for Sale # of Cost of Goods Available for units unit Sale 60$ 82$ 4.920 Cost per Ending Inventory Cost per Ending unit Inventory # of units Cost per unit Cost of Goods Sold # of units 60 X $ 82 $ 4.920 Beginning Inventory Purchases: May 5 Nov. 3 85 250 $ 200$ 510 85 90 21,250 18,000 44,170 250s 200$ 510 21,250 18.000 250 X $ 200 X $ 450 85 90 90 21.250 18,000 $ 39,250 Total $ 44,170 Chapter 06 Extra Credit (5 Points) i Saved 7 Brief Exercise 6-7 Calculate ending inventory and cost of goods sold using weighted-average cost (LO6- 3) 0.13 points During the year, Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. eBook Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Units Unit Cost Total Cost 60 $ 82 $ 4,920 250 85 21,250 200 90 18,000 510 $44,170 Print References 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.) Weighted Average Cost Cost of Goods Available for Sale Average Cost of Goods # of units Cost per Available for unit Sale 60 $ 4,920 Cost of Goods Sold - Weighted Average Cost of units Average Cost Cost of Goods sold per Unit Sold Ending Inventory - Weighted Average Cost # of units in ending Average Cost Ending inventory per unit Inventory Beginning Inventory Purchases: May 5 Nov. 3 Total 250 200 510 21,250 18,000 44.170 $ $ 0.00 $ 0.00

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