Don't give answer in image format Required information[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 $37 each.Purchases on December 7Purchases on December 14Purchases on December 21Determine 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.December 7DateDecember 14Average cost December 14December 15December 21Average cost December 21Totals10 units $23.00 cost20 units $29.00 cost15 units @ $31.00 cost# ofunitsGoods purchasedCost per unit10 at $ 23.00Weighted Average-Perpetual# ofInventory Value unitssold$ 230.00$0.00$0.00Cost of Goods SoldCost per Cost of GoodsunitSold$0.00$ 0.00Inventory Balance# of units Cost per unit10 at S23.00InventoryBalance$230.000.00

Name: Don't give answer in image format Required information[The following i
Uploaded: 2024-03-20T06:32:37.000Z
Channel: Bartleby
Description: Don't give answer in image format Required information[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