Required information

Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 30 units for $25 each.

Purchases on December 7	20 units @ $10.00 cost
Purchases on December 14	36 units @ $15.00 cost
Purchases on December 21	30 units @ $18.00 cost

Required: Monson sells 30 units for $25 each on December 15. Monson uses a perpetual inventory system. 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.)

Required: Monson sells 30 units for $25 each on December 15. Monson uses a perpetual inventory system. 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.)

Required: Monson sells 30 units for $25 each on December 15. Monson uses a perpetual inventory system. Determine the costs assigne December 31 ending inventory when costs are assigned based on LIFO. Perpetual LIFO: Goods purchased Cost of Goods Sold Inventory Balance # of Date # of units Cost of Goods Available for Sale unit Cost per Cost of Goods us unit Sold #of units. Cost per unit Inventory Balance sold $ 0.00 December 7 December 14 $ 0.00 $ 0.00 December 15 December 21 $ 0.00 Totals - Required: Monson sells 30 units for $25 each on December 15. Monson uses a perpetual inventory system. 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 place Weighted Average - Perpetual: Goods purchased # of Cost per Date Inventory units unit Value Inventory Balance Cost of Goods Sold # of units Cost per Cost of sold 1 unit Goods Sold # of units Cost per unit Inventory Balance December 7 $ 0.00 December 14 $ 0.00 $ 1 0.00 Average cost December 15 $ 0.00 December 21 $ 0.00 Average cost Totals $ 0.00 G