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! Required Information [ The following information applies to the questions displayed below. ] Trey Monson starts a merchandising business on December 1 and enters

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Required Information
[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 15 units for $20 each.
Purchases on December 7,10 units @ $6cost
Purchases on December 14,20 units @ $12cost
Purchases on December 21,15 units @ $14cost
Purchases on December 7
Purchases on December 14
10 units @ $6 cost
20 units @ $12 cost
Punchases on December 21
15 units @ $14 cost
Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method.
Note: Round cost per unlts to 2 decimal places.
\table[[\table[[Weighted average-Periodic],[Gonds Availahle for colo]]],[,Goods Available for Sale,Cost of Goods Sold,Ending Inventory],[,# of units,\table[[Cost per],[unit]],\table[[Cost of Goods],[Available for],[Sale]],\table[[# of units],[sold]],\table[[Average],[Costper],[Unit]],\table[[Cost of],[Goods Sold]],\table[[# of units],[in ending],[inventory]],\table[[Average],[Cost per unit]],\table[[Ending],[Inventory]]],[Purchases:,,,,,4,,,,],[December 7,f,,,,,,,,],[December 14,,,,,,,,,],[December 21,,,,,,,,,],[Total,0,,$,,,0.00,,,0.00]]
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