canvas brandonshantaylo... Log in to Canvas Patch-Jeamer App Personal Stylistilo Dashboard Capum Portal 6 Homework Inventories - FIFO, LIFO, Ave C. Seved Help Save & Exit Submi Check my work 6 of 4 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 $28 each Purchases on December 7 10 units $14.00 cost Purchases on December 14 20 units 520.00 cout Purchases on December 21 15 units $22.00 cost 1 -Book Hint QS 6-13 (Algo) Perpetual: Inventory costing with weighted average LO P1 rences Determine the costs assianed to ending inventory when costs are assioned based on the weighted averace method (Round vour per ork Inventories - FIFO, LIFO, Ave. 6 Saved Help Save & Exit Subm Check my work Required information Goods purchaser COST O Goods Sold Date #of units Cost per unit Inventory Balance Inventory Cost per unit Balance #of units sold Inventory Value Cost per Cost of Goods unit Sold of units December 7 10 ats 14.00 $ 140.00 101 at $ 14.00 $ 140.00 20 at $ 20.00 - $ 40000 $ December 14 10 at 5 20 at $ 30 ats 14.00 20.00 18.00 - 140.00 400.00 540.00 Average cost December 14 5 December 15 15 at $ 0.00 15 at $ 22.00 S 330 00 at December 21 22.00 330.00 15 at 5 15 at Average cost December 21 Totals $ 0.00