QS 5-12 Perpetual: Inventory costing with weighted average LO P1 Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases Purchases on December 7 Purchases on December 14 Purchases on December 21 16 units @ $10.00 cost 33 units @ $15.00 cost 26 units $18.00 cost Required Monson sells 26 units for $25 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. (Round your per unit costs to 2 decimal places.) Weighted Average - Perpetual: Goods purchased Cost of Goods Sold Inventory Balance # of Cost per Inventory units 0 units sold Cost per unit Cost of Goods Sold I#of units t per Inventory Balance Cos Date unit Value unit 16|@ 16 10.00 160.00 December 7 1000 160.00 December 14 $ 0.00 $0.00 Average cost December 15 December 21 $ 0.00 13.37 $ 0.00 Average cost 0 Totals $ 0.00