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[ The following information applies to the questions displayed below. ] Trey Monson starts a merchandising business on December 1 and enters into the following

[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 periodic inventory system. Also, on December 15, Monson sells 30 units for $25 each.
Purchases on December 720 units @ $10.00 cost
Purchases on December 14,36 units @ $15.00 cost
Purchases on December 21,30 units @ $18.00 cost
QS 5-17A (Algo) Periodic: Inventory costing with weighted average LO P3
Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method.
Note: Round cost per units to 2 decimal places.
Answer is not complete.
\table[[Weighted average - Periodic],[,Goods Available for Sale,Cost of Goods Sold,Ending Inventory],[,\table[[# of],[units]],\table[[Cost per],[unit]],\table[[Cost of],[Goods],[Available],[for Sale]],\table[[# of],[units],[sold]],\table[[Average],[Cost per],[Unit]],\table[[Cost of],[Goods],[Sold]],\table[[# of units],[in ending],[inventory]],\table[[Average],[Cost per],[unit]],\table[[Ending],[Inventory]]],[Purchases:],[December 7,20$,$,10.00,200,,,,,,],[December 14,36$,$,15.00vv,540,,,,,,],[December 21,30,$,18.00,540,,,,,,],[Total,86,,1,280,30$,16.00,$480.00,56$,25.00,$1,400.00
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