Question: The window shows what is correct and incorrect for the work you have completed so far Even if all of the work you have done
The window shows what is correct and incorrect for the work you have completed so far Even if all of the work you have done so far is correct, you may not have completed everything. 4. 0.50 points You did not receive full credit for this question in a previous attemor Brief Exercise 6-7 Calculate ending inventory and cost of goods sold using weighted average cost (L06-3) During the year, Wright Company sells 470 remote control airplanes for $110 each. The company has the following inventory purchase transactions for the year Number Date Transaction of Units Unit Cost Tow Cost on 1 Beginning inventory 80 582 $ 4.920 May 5 Purchase 250 85 Nov. 3 21.250 Purchase 200 90 18.000 510 $ 44,170 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.) Answer is not complete. Cost of Goods Sold - Weighted Ending Inventory - Weighted Average Average Cost of Average Cost of of units Average units Cost per Goods in ending Cost per Ending sold Unit Sold Inventory inventory Cost Cost of Goods Available for Sale Cost of Average of Goods Cost units Available per unit for Sale 60 $ 4,920 Weighted Average Cost Beginning Inventory Purchases May 5 Nov 3 250 200 21.250 18.000 510 Total 5 44,170 470 $ 36.6078 510 $ 5 470.0000) 0.00 40.705.67
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