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Required information Skip to question [ The following information applies to the questions displayed below. ] Trey Monson starts a merchandising business on December 1

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[The following information 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 periodic inventory system. Also, on December 15, Monson sells 29 units for $45 each.
Purchases on December 719 units @ $18.00 cost
Purchases on December 1435 units @ $27.00 cost
Purchases on December 2129 units @ $32.00 cost
Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method.
Note: Round cost per units to 2 decimal places.

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