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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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[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 7,19 units @ $18.00 cost
Purchases on December 14,35 units @ $27.00 cost
Purchases on December 21,29 units a $32.00 cost
Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method.
Note: Round cost per units to 2 decimal places.
\table[[Weighted average - Periodic],[,Goods Available for Sale,Cost of Goods Sold,Ending Inventory],[,# of units,,\table[[per],[it]],\table[[Cost],[Ava]],\table[[eods],[e for]],\table[[# of units],[sold]],\table[[Average],[Cost per],[Unit]],\table[[Cost of],[Goods Sold]],\table[[# of units],[in ending],[inventory]],\table[[Average],[Cost per unit]],\table[[Ending],[Inventory]]],[Purchases:],[December 7,19,$,18.00,$,342,,,,,,],[December 14,35,$,27.00,,945,,,,,,],[December 21,29,$,32.00,,928,,,,,,],[Total,83,$,19.86,$,2,215,29,0.64,$,18.56,54,$,19.86,$1,072.44
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