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 25 units for $45 each Purchases on December 7 15 units $18.00 cost Purchased on December 14 29 units $27.00 cost Purchases on December 21 25 unito $32.00 coat 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 Parodio Goods Available for Sale Cost of Goods Sold Ending Inventory Cost per Cost of Goods of units Average Cost of of unita Average Ending # of units Cost per Available for unit sold Goods sold in ending Cost per unit Inventory Sala Unit Inventory Purchase December December 14 December 21 Total $ 0 3 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 periodic inventory system. Also, on December 15, Monson sells 25 units for $45 each Purchases on December 7 15 units $18.00 cost Purchases on December 14 29 units $27.00 cost Purchases on December 21 25 units @ $32.00 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 - Porlodic Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods # of units Average # of units #of units Cost of Average unit Ending Available for Cost per sold Goods sold in ending Cost per unit Inventory Sale Unit Inventory Cost per Purchases December 7 December 14 Decomber 21 s Total $ 0.00 S 0.00