Required information Trey Monson starts a merchandising business on December 1 and enters into three inventory purchases: Purchases on December 7 Purchases on December 14 Purchases on December 21 8 units @ $4.00 cost 26 units $6.00 cost 18 units @ $7.00 cost Required: Monson sells 18 units for $10 each on December 15. Assume the periodic Inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Amounts to be deducted should be indicated with a minus sign. Round cost per units to 2 decimals.) Periodic Weighted Average Inventory on hand # of units citit per unit Cost of Goods Sold of units Cost per unit Cost of sold h Goods So $ 4.00 Inventory Value $ 32 156 120 26 6.00 7.00 Purchase - December 7 Purchase - December 14 Purchase - December 21 Available for Sale December Sales Total 314 52 S 314 0 $ ...pkg Skype-8.58.0..... dmg A Show All MacBook Air