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5 Problems 8 Part 3 of 4 0.71 points Skipped eBook Hint Saved [The following information applies to the questions displayed below.] Trey Monson starts
5 Problems 8 Part 3 of 4 0.71 points Skipped eBook Hint Saved [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 $20 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units $ 6 cost 20 units $12 cost 15 units $14 cost Help QS 5-13 (Static) 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 places.) Weighted Average - Perpetual: Date # of units Goods purchased Cost per unit Cost of Goods Sold Inventory Value # of units Cost per Cost of Goods # of units unit Sold Inventory Balance Cost per unit Inventory Balance sold $ 0.00 $ 0.00 December 7 Print December 14 References Average cost December 14 December 15 December 21 Average cost December 21 Totals Mc Graw Hill $ 0.00 + $ 0.00 < Prev 8 9 of 14 Next > $ 0.00
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