Determine costs assigned to the December Ending inventory

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Question - Trey Monson starts a merchandising business on December 1 and Enters into the following three inventory purchases. Also, on December 15, Monson sells 10 units for $ 50 each.

Required - Monson uses a perpetual Inventory system. Determine the costs assigned to the December 31 Ending inventory when costs are assigned based on the weighted average method.

Reference no: EM132924145

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