bus 105

can tou please explain how you will get dec 15 and 21?

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 27 units for $40 each Purchases on December 7 Purchases on December 14 Purchases on December 21 17 units @ $16.00 cost 33 units $24.ee cost 27 units @ $29.00 cast QS 6-14 (Algo) Perpetual: Inventory costing with specific identification LO P1 Of the units sold, 14 are from the December 7 purchase and 13 are from the December 14 purchase. Determine the costs assigned to the December 31 ending inventory when costs are assigned based on specific identification QS 6-14 (Algo) Perpetual: Inventory costing with specific identification LO P1 Or the units sold, 14 are from the December 7 purchase and 13 are from the December 14 purchase. Determine the costs assigned to the December 31 ending inventory when costs are assigned based on specific identification Specific Identification-Perpetual Goods purchased Cost of Goods Sold Mof # of units Cost per Goods units Cost per cost of Goods unit purchased unit Sold Inventory Balance Date of units Cost per Inventory Balance sold unt December 7 17 at $ 1600 = $ 27200 17 S 1600) 5 272.00 33 at $ 24001 - 5 792.00 December 14 17 at $ 16.00 $ 27200 792.00 33 at $ 2400 Total Docember 14 $ 1 05400 $ 000 December 15 $ 1600 5 24.00 $ 000 Total December 15 27 ats 29.00 5 78300 $ 16.00 December 21 s 27 at 5 2400 20.00 783.00 $ 78300 Totals