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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 $15$ units for $$35$ each.

Purchases on December $7,10$ units a $$21\mathrm{.}00$ cost

Purchases on December $1420$ units @ $$27\mathrm{.}00$ cost

Purchases on December $2115$ units @ $$29\mathrm{.}00$ cost

QS $5-13($Algo$)$ Perpetual: Inventory costing with weighted average LO P$1$

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.

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