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Required information Use the following information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 29 units for $50 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 19 units @ $20.00 cost 36 units @ $30.00 cost 29 units @ $36.00 cost QS 6-12 Perpetual: Inventory costing with welghted average LO P1 Required: Monson sells 29 units for $50 each on December 15. Monson uses a perpetual inventory system. Determine the costs assigned to enging inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places QS 6-12 Perpetual: Inventory costing with welghted average LO P1 Required: Monson sells 29 units for $50 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. (Round your per unit costs to 2 decimal places.) Weighted Average - Perpetual: Goods purchased Inventory Balance Cost per Cost of Goods Sold # of Cost per Cost of unit Goods Sold sold Cost per Inventory Value # of units Inventory Balance Date unit units December 7 $ 0.00 December 14 $ 0.00 5 0.00 Average cost $ 0.00 December 15 Monson sells 29 units for $50 eacn on vecember 15. Monson uses a perpetuai inventory system. Determine the costs ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2c Weighted Average - Perpetual: Goods purchased Inventory Balance Cost per Cost per Cost of Goods Sold # of Cost of units unit Goods Sold sold Cost per # of units Inventory Value Date # of units Inventory Balance unit unit December 7 $ 0.00 December 14 $ 0.00 $ 0.00 Average cost $ 0.00 December 15 $ 0.00 December 21 0 $ 0.00 Average cost Totals

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