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2 part question Required information Use the following information for the Quick Study below. (Algo) (11-14) The following information applies to the questions displayed belowj

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Required information Use the following information for the Quick Study below. (Algo) (11-14) The following information applies to the questions displayed belowj 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 $27 each. PurchasesonDecember7Purchasesonbecember14PurchasesonDecember2110units8513.00cost20unitse519.00cost15units&$21,00cost QS 5-13 (Algo) Perpetual: Inventory costing with weighted average LO P1 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 ploces.) Required information Use the following information for the Quick Study below. (Algo) (11-14) [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 $27 each. PurchasesonDecconber7PurchasesonDecenber14PurchasesonDecenber2110units8513.60cost20unlts519.60cost1sunits521.09cost QS 5-14 (Algo) Perpetual: Inventory costing with specific identification LO P1 Of the units sold, 8 are from the December 7 purchase and 7 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification

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