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13 Required information : Part 3 3 H (The following information applies to the questions displayed below) Trey Monson starts a merchandising business on December
13 Required information : Part 3 3 H (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 periodic inventory system. Also, on December 15, Monson sells 30 units for $40 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 20 units @ $16.00 cost 35 units 30 units $24.00 cost $29.00 cost Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round cost per units to 2 decimal places) 01 Weighted average-Periodic Goods Available for Sale Cost per Cost of Goods Sold of units Cast of Goods of units Available for Cost of sold Sale Average Cost per Un Ending Inventory of units Average Ending inventury Goods Sold in ending Cost per unit inventory December 7 December 14 December 21 Tota of 0 $ 0.00 $ 0.00 Purchases
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