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Required information Use the following information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the

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Required information Use the following information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 25 units for $45 each. Purchases on December 7 Purchases on December 14. Purchases on December 21 15 units @ $18.00 cost 30 units @ $27.00 cost 25 units $32.00 cost QS 6-12 Perpetual: Inventory costing with weighted average LO P1 Required: Monson sells 25 units for $45 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.) Weighted Average Perpetual: Conde purchased Cost of Goods Sold Inventory Balance

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