(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 perpetual inventory system. Also, on December 15, Monson sells 28 units for $45 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 18 units @ $18.00 cost 32 units @ $27.00 cost 28 units @ $32.00 cost QS 5-13 (Algo) Perpetual: Inventory costing with weighted average LO P1 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.) Inventory Balance Date Weighted Average - Perpetual: Goods purchased Cost of Goods Sold # of # of Cost per unit Cost per Cost of Goods Inventory Value units units unit Sold sold 18 at $ 18.00 = $ 324.00 # of units Cost per unit Inventory Balance December 7 18 at $ 18.00/= $ 324.00 32 at $ 27.00 = $ 864.00 18 at $ 324.00 December 14 32 at $ 50 at 18.00 = $ = 27.00 = $ 864.00 1,188.00 Average cost December 14 December 15 28 at $ 0.00 22 at 28 at $ 32.00 = $ 896.00 22 at December 21 28 at $ 32.00 = 896.00 50 at Average cost December 21 Totals $ 0.00