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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 28 units for $25 each.
Purchases on December 7,18 units @ $10.00 cost
Purchases on December 14,35 units @ $15.00 cost
Purchases on December 2128 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.
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