Required information Use the following information for the Quick Study below. (Algo) (11-14) [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 perpetual inventory system. Also, on December 15, Monson sells 28 units for $45 each Purchases on December 7 Purchases on December 14 Purchases on December 21 18 units $18.00 cost 32 units @ $27.00 cost 28 units @ $32.00 cost Required information unit costs to 2 decimal places.) Inventory Balance Inventory Cost per unit Balance Weighted Average. Perpetual: Goods purchased Cost of Goods Sold # of Cost per unit Inventory Value units Cost per Cost of Goods sold unit Sold $ 0 00 of units Date a of units December 5 0.00 December sa 000 Average cost December 14 December 15 5 000 000 Docember 21 Avec December 21 Totats 000