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Required information 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 28 units for $10 each Purchases on December 7 18 units @ $4.80 cost Purchases on December 14 35 units @ $6.00 cost Purchases on December 21 20 units @ $7.00 cost QS 5-13 (Algo) Perpetual: Inventory costing with weighted average LO P1 Determine the costs assigned to ending inventory when costs are assigned bosed 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 places.) Inventory Balance Weighted Average Perpetual Goods chased Cost of Goods Sold # of Cost per unit Inventory Value units Cost per Cast of Goods sold unit Sold #of units # of units Cost per unit Inventory Balance December 7 December 14 Average cost December 14 Decembris December 21 Average cool December 21 Tot