Business, 31.10.2019 01:31 rk193140

Trey monson starts a merchandising business on december 1 and enters into the following three inventory purchases. also, on december 15, monson sells 15 units for $20 each. purchases on december 7 10 units @ $ 6.00 cost purchases on december 14 20 units @ $12.00 cost purchases on december 21 15 units @ $14.00 cost required: monson sells 15 units for $20 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.

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Trey monson starts a merchandising business on december 1 and enters into the following three invent...

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