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1 Required information [ The following information applies to the questions displayed below. ] Trey Monson starts a merchandising business on December 1 and enters

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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 $37 each.
Purchases on December 7,10 units @ $23.00 cost
Purchases on December 14,20 units @ $29.00 cost
Purchases on December 21,15 units @ $31.00 cost
Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method.
Note: Round your per unit costs to 2 decimal places.
\table[[Weighted Average - Perpetual:],[December 7,Goods purchased,Cost of Goods Sold,Inventory Balance],[\table[[# of],[units]],Cost per unit,Inventory Value,\table[[# of],[units],[sold]],\table[[Cost per],[unit]],\table[[Cost of Goods],[Sold]],# of units,Cost per unit,\table[[Inventory],[Balance]]],[,,,,,,,,],[Average cost December 14],[],[Average cost December 14,,,,,,,,,],[December 15],[Average cost December 21],[],[\table[[Average cost December 21],[Totals]]],[Totals,,,+,,,theses,,,]]
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