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..... . Information Trey Monson starts a merchandising business on December 1 and enters into the following the inventory purchase Also, on December 15, Monson
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Information Trey Monson starts a merchandising business on December 1 and enters into the following the inventory purchase Also, on December 15, Monson sells 18 units for $10 each Purchase on December 7 Purchases on December 14 Purchases on December 21 units 54.00 cost 26 unit $6.00 18 units $7.00 cost Required: Monson sells 18 units for $10 each on December 15. Monson uses a perpetual eventory system. Determine the costs owsigned 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 Goods purchased Contol Goods Sold Inyectory Balance Cost per Date Inventory Cost per Cost of Cost per of units Inventory units unit Value unit Goods Sold Balance sold December 7 $ 0.00 December 14 $ 0.00 w of #of units Average cost December 15 December 21 $ 0.00 $ 0.00 000 Average cost Totals $ 0.00 Step by Step Solution
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