4 Part 3 of 4 10 points eBook Print References 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 $35 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 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. Note: Round your per unit costs to 2 decimal places. December 7 Date December 14 Average cost December 14 December 15 December 21 Average cost December 21 Totals # of units 10 at Goods purchased Cost per unit 10 units @ $21.00 cost 20 units @ $27.00 cost 15 units @ $29.00 cost $ 20 at $ 15 at $ 21.00 27.00 Inventory Value $ $ Weighted Average - Perpetual: 29.00 = $ 210 00 540 00 435.00 # of units sold 15 at Cost of Goods Sold Cost per Cost of Goods unit Sold $ $ 0.00 0.00 # of units 10 at 15 at Inventory Balance 15 at 15 at 30 at Cost per unit 10 at $ 20 at $ 30 at $ $ 21.00 = 21.00 = 27.00 = 29.00 = Inventory Balance $ $ S 210.00 210.00 540.00 750.00 435.00

Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases Monson uses a perpetual irventory system. Also, on December 15. Monson sells 15 units for \$35 each. Rurchases on Decrober? Rurchases on Deceaber 14 10 units e 521.00cost Purchases on December 21 20 vilts if $27.00 cost 15 units $329.00 cost 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. Note: Round your per unit costs to 2 decimal places. 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 imventory purchases Monson uses a perpetual inventory system. Also, on December 15 , Monson selts 15 units for $35 each. Purchases on Decerber-7 Purchases on Deceaber 14 Purehares on Necember 21 10 units f 521.09 cost 20 units 8527.00 cost 15 tintes 959.00 cost QS 5-14 (Algo) Perpetual: Inventory costing with specific identification LO P1 Or 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