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 $20 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Note: Round your per unit costs to 2 decimal places. Date December 7 December 14 Average cost December 14 December 15 December 21 Average cost December 21 Totals # of units 10 Goods purchased Cost per unit at 20 at 10 units @ $ 6 cost 20 units @ $12 cost. 15 units @ $14 cost 15 at $ 6.00 $ 12.00 $ 14.00 S Weighted Average - Perpetual: Inventory Value $ 60.00 $240.00 Answer is complete but not entirely correct. $210.00 # of units sold 15 at Cost of Goods Sold Cost per unit $ 14.00 Cost of Goods Sold $ 210.00 $ $ 210.00 # of units 10 --- 10 20 at 10 at at at 15 at 15 at 10 X at 25 at Inventory Balance Cost per unit $ 6.00 $ $ $ $ S $ $ 6.00 12.00 20.00 x 20.00 x 20.00 14.00 20.00 X Inventory Balance $ $ 60.00 60.00 120.00 $ 180.00 $ 300.00 $ 300.00 140.00 $ 500.00 $ 500.00

[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 $20 each. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Note: Round your per unit costs to 2 decimal places