! Required information Use the following information for the Quick Study below. (Algo) [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 28 units for $25 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 18 units @ $10.00 cost 35 units @ $15.00 cost 28 units $18.00 cost QS 5-13 (Algo) Periodic: Inventory costing with weighted average LO P1 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.) x Answer is not complete. Periodic Weighted Average # of units sold Cost of Goods Sold Avg. Cost Cost of Goods per unit Sold Purchase - December 7 Purchase - December 14 Purchase - December 21 Available for Sale December Sales Inventory on hand # of Cost Inventory units per unit Value 18s $ 10.00 S 180 35 15.00 525 28 18.00 504 81 1,209 (28) 0 53 $ 1,209 OOOO 28 IS 0.00 0 0 Total 28 $