kequires intormason Use the following information for the Quick Study below. (Static) (11-14) [The following informotion apphes to the questions displayed below] Trey Monson starts a merchandising business on Decerpber 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system, Also, on December 15. Monson sells 15 unts for $20 eoch Purchaves on Decenber ? 10 units 856 cost Purctries on Dectenter 14 Purchares on Decraber 21 15 units $14 cost QS 5-13 (Static) Perpetual: Inventory costing with weighted average LO P1 Determine the costs assigned to ending inventory when costs are assigned bosed on the weighted average method. (Round your per unit costs to 2 decimal places.) Required information Use the following information for the Quick Study below. (Static) (11-14) Whe following informotion 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 $20 each Purchases on Decenber 7 10 units &$6 cost Purchases on Decenber 14 20 units &$12 cost Purchases on December 21 15 units e 514 cost QS 5-14 (Static) Perpetual: Inventory costing with specific identification LO P1 Of the units sold, eight are from the December 7 purchase and seven are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification