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The highlighted blue boxes need to be filled in, help! Trey Monson starts a merchandising business on December 1 and enters into the following three
The highlighted blue boxes need to be filled in, help!
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 26 units for $25 each. Purchases on December 7 16 units $10.00 cost Purchases on December 14 33 units @ $15.00 cost Purchases on December 21 26 units $18.00 cost 5-13 (Algo) Perpetual: Inventory costing with weighted average LO P1 termine the costs assigned to ending inventory when costs are assigned based on the weighted average method (Round your per it costs to 2 decimal places.) Date ot units Weighted Average Perpetual Goods purchased Cost of Goods Sold w of Cost per unit Inventory Value units Cost per Cost of Goods unit sold Sold $ 0.00 Inventory Balance Inventory w of units Cost per unit Balance December 7 16 10.80 33 at 15.00 $ 495.00 December 14 15.00 5 000 Average cost December 14 December 15 O DO 265 18.00 468.00 December 21 18.00 0 Average cost December 21 Totals 0.00
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