! Required information [The following information applies to the questions displayed below.] Trey Monson starts a...

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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 perpetual inventory system. Also, on December 15, Monson sells 15 units for $25 each. Purchases on December 7 Purchases on December 14 10 units @ $11.00 cost Purchases on December 21 20 units @ $17.00 cost 15 units @ $19.00 cost 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 Date # of # of units Cost per unit Inventory Value Cost of Goods Sold Cost per Cost of Goods Inventory Balance units unit Sold # of units Cost per unit Inventory Balance sold $ 0.00 $ 0.00 December 7 December 14 Average cost December 14 December 15 December 21 Average cost December 21 Totals $ 0.00 $ 0.00 0 $ 0.00 $ 0.00 ! 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 perpetual inventory system. Also, on December 15, Monson sells 15 units for $25 each. Purchases on December 7 Purchases on December 14 10 units @ $11.00 cost Purchases on December 21 20 units @ $17.00 cost 15 units @ $19.00 cost 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 Date # of # of units Cost per unit Inventory Value Cost of Goods Sold Cost per Cost of Goods Inventory Balance units unit Sold # of units Cost per unit Inventory Balance sold $ 0.00 $ 0.00 December 7 December 14 Average cost December 14 December 15 December 21 Average cost December 21 Totals $ 0.00 $ 0.00 0 $ 0.00 $ 0.00