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Required information [ The following information applies to the questions displayed below. ] Trey Monson starts a merchandising business on December 1 ard enters into
Required information
The following information applies to the questions displayed below.
Trey Monson starts a merchandising business on December ard enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December Monson sells units for $ each.
Purchases on December
Purchases on December
Purchases on December
units@$ cost
units@$ cost
units@$ cost
Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Note: Round your per unit costs to decimal places.
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