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Seved H B 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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Seved H B 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 23 units for $30 each. of 4 Purchases on December 7 Purchases on December 14 Purchases on December 21 13 units e $12.00 cost 30 units $18.00 cost 23 units $22.00 cost QS 5-12 Perpetual: Inventory costing with weighted average LO P1 Required: Monson sells 23 units for $30 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 Goose purchased Inventory Balance # of Inventory Inventory Cost per Cost of Goods Sold of Cost of units unit sold Goods Sold Cost per Date of units Cost per unit units unit Value Balance December 7 December 14 Average cost December 15 December 21 Average cost Totals

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