BOOK 0 19 18 (Graded) Seved 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 periodic inventory system. Also, on December 15, Monson sells 28 units for $50 each. Purchases on December 7 Purchases on December 14 18 units 32 unite Purchases on December 21 20 unite $20.00 cost $30.00 cost $36.00 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.) Weighted average Periodic Cost of Goods Sold References Purchases ME Graw December 7 December 14 December 21 Total Goods Available for Sale Ending Inventory of units Cost per unit Cost of Goods Available for Sain units Average Cost per Unit Cost of Goods Sold of units in ending inventory Average Ending Cost per unit inventory < Prev 13 W XP Next >