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5 Inventory Costing Required information Use the following information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the following t Also, on December 15. Monson sells 30 units for $35 each of 4 Purchases on December 7 Purchases on December 14 Purchases on December 21 20 units e $14.e0 cost 6 units $21.00 cost 3e units E $25,00 cost Qs 6-12 Perpetual: Inventory costing with weighted average LO P1 Required Monson sells 30 units for $35 each on December 15 Monson uses a perpetual inventory system ending inventory when costs are assigned based on the weighted average ending inventory when coss Bre assigned based on the weighted average method (Reund your Help Save tion ng information for the Quick Study below. s a merchandising business on December 1 and enters into the following three inventory purchases. er 15, Monson sells 30 units for $35 each 36 units e $21.00 cost 30 units $25.0e cost : Inventory costing with weighted average LO P1 for $35 each on Decer n costs are assigned based ne the costs assigned to