Required information [The following information applies to the questions displayed below.] Trey Monson starts a merchand

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Required Information The Following Information Applies To The Questions Displayed Below Trey Monson Starts A Merchand 1 (108.63 KiB) Viewed 9 times

Required information [The following information applies to the questions displayed below.] Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15, Monson sells 15 units for $29 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) December 7 Date December 14 Average cost December 14 December 15 Totals December 21 Average cost December 21 wwwwwwwwwww 10 units @ $15.00 cost 20 units @ $21.00 cost 15 units @ $23.00 cost # of units Weighted Average - Perpetual: Goods purchased Cost per Inventory unit Value $ $ 0.00 0.00 $ 0.00 Cost of Goods Sold # of Cost Cost of units per Goods Sold sold unit $ 0.00 $ 0.00 # of units O Inventory Balance Cost per unit Inventory Balance $ 0.00