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saved Required information Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson
saved 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 26 units for $25 each. 4 Purchases on December 7 Purchases on December 14 Purchases on December 16 units @ $10.00 cost 33 units @ $15.00 cost 26 units @ $18.00 cost 21 Required: Monson sells 26 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 26 units for $25 each on December 15. Monson uses a perpetual inventory syste Determine the costs assigned to ending inventory when costs are assigned based on the weig average method. (Round your per unit costs to 2 decimal places.) Weighted Average - Perpetual: Goods purchased Inventory Balance Cost per Cost per Cost of Goods Sold # of Cost per Cost of units Goods Sold sold # of units Date Inventory Value # of units Inventory Balance unit unit unit December 7 December 14 Average cost December 15 December 21 Average cost Totals
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