Check my wa Use the following information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. 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 @ $ 6.00 cost 20 units @ $12.00 coat 15 units @ $14.00 cont QS 6-12 Perpetual: Inventory costing with weighted average LO P1 Required: Monson sells 15 units for $20 each on December 15. Monson uses a perpetual inventory system. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Weighted Average - Perpetual: Goods purchased Inventory Balance Cost per #of units Date Cost of Goods Sold #of Cost per Cost of units unit Goods Sold sold Inventory Value # of units Cost per unit unit Inventory Balance December 7 $ 0.00 December 14 $ 0.00 Check QS 6-12 Perpetual: Inventory costing with weighted average LO P1 Required: Monson sells 15 units for $20 each on December 15. Monson uses a perpetual inventory system. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Inventory Balance Weighted Average - Perpetual: Goods purchased # of Date Inventory units unit Value Cost per Cost of Goods Sold # of units Cost of unit sold Goods Sold Cost per # of units Cost per unit Inventory Balance December 7 $ 0.00 December 14 $ 0.00 Average cost $ 0.00 December 15 $ 0.00 December 21 $ 0.00 Average cost Totals