problem 10

Required information [The following information applies to the questions displiryed 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 $20 each. Funchases an Deceeser 7 Purchaves on Deceeter 14 Pierchases on becenber 21 10.unitse$.6cost20unitse$12cost15units514cost Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method: Note: Round your per unit costs to 2 decimal places