Trey Monson starts a merchandising business on December 1 and enters Into the following three Inventory purchases. Also, on December 15, Monson sells 15 units for $20 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units @ $ 6.00 cost 20 units @ $12.00 cost 15 units @ $14.de cost Required: Monson sells 15 units for $20 each on December 15. Monson uses a perpetual Inventory system. Determine the costs assigned to ending Inventory when costs are assigned based on the weighted average method. Weighted Average - Perpetual: Good's purchased Inventory Balance Inventory Cost of Goods Sold # of Cost per Cost of units unit Goods Sold sold # of units # of units cost per Unit Cost per unit Date Inventory Balance Value 10 @ S 8.00 = S 80.00 December 7 101 S 6.00 = $ 60.00 10 s 6.00 = S 60.00 December 14 20 @ S 12.00 s 240.00 20 @ $12.00 240.00 $ 300.00 30 @ Average cost 20 @ S 10.00 $200.00 10 @ $ 10.00 - 100.00 December 15 10 @ S 10.00= $ 100.00 December 21 15 S 14.00 210.00 15 S 14.00 = $ 12.40 2 10.00 $ 310.00 25 Average cost $200.00 Totals