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Saved Help Save & Exit Submlt Required Information Trey Monson starts a merchandlsing business on December 1 and enters Into three inventory purchases: Purchases on
Saved Help Save & Exit Submlt Required Information Trey Monson starts a merchandlsing business on December 1 and enters Into three inventory purchases: Purchases on December 720 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. 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.) on hand Cost of Goods Sold # of units | Cost per | Inventory |#of units IAvg.cost per: Cost of Value sold unit Goods Sold Purchase December 7 Purchase-December 14 Purchase December 21 Available for Sale December Sales Total
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