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Trey Monson starts a merchandising buisness on december 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on

Trey Monson starts a merchandising buisness on december 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on december 15 monson sells 15 units for 32$ each. purchases on dec 710 units @ 18$ cost
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Use the following information for the Quick Study below. (Algo)(11-14)
[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 15 units for $32 each.
Purchases on December 7
Purchases on December 14
Purchases on December 21
10 unlts $18.00 cost
20 units $24.00 cost
15 unlts $26.00 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.)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 ploces.)
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