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 27 units for $40 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 17 units @ $16.00 cost 33 units 27 units $24.00 cost $29.00 cost Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round cost per units to 2 decimal places.) Weighted average - Periodic Cost of Goods Sold Purchases: December 7 December 14 December 21 Total Goods Available for Sale Ending Inventory # of units Cost per unit Cost of Goods Available for Sale # of units sold Average Cost per Unit Cost of Goods Sold of units in ending inventory Average Cost per unit Ending Inventory < Prev 9 13 832 of 18 Next >