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2 Required information Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson

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2 Required information Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 30 units for $35 each Part 2 of 2 Purchase on December 7 Purchases on December 14 Purchases on December 21 20 units $18.00 out 35 units $21.00 cost 30 units $25.00 cost 10 DO Sold Required: Monson sells 30 units for $35 each on December 15. Monson uses a perpetual Inventory system. Determine the costs assigned to the December 31 ending inventory when costs are assigned based on UFO Perpetual LIFO Cost of Goods Sold Imetery Batanes Code purchased Cooper Cost of Goode Available for Date of uns of units sold Cost per Cost of Goods Sold Cos por of units unit Inventory nit December 7 $ 0.00 December 14 $ 0.00 0.00 December 15 December 21 $ 0.00

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