Help Save & Che Required information Use the following information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 25 units for $45 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 15 units @ $18.00 cost 30 units @ $27.00 cost 25 units @ $32.00 cost QS 5-13 Perpetual: Inventory costing with specific identification LO P1 Required: Monson sells 25 units for $45 each on December 15. Of the units sold, 12 are from the December 7 purchase and 13 are from the December 14 purchase. Monson uses a perpetual inventory system. 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 Inventory Balance Cost per Cost of Goods # of units Cost per Inventory Sold unit Balance unit Date #of units # of units sold Cost per unit s 0.00 December 7 Help Save mirns en una paremini 1 Are Terminer unes are C Required Information Specific Identification Perpetual: Goods purchased Date # of units Cost per Cost of Goods Sold Inventory Balance # of units Cost per Cost of Goods unit Inventory # of units Sold sold Balance unit Cost per unit December 7 $ 0.00 December 14 $ 0.00 $ 0.00 December 15 $ $ 0.00 0.00 December 21 $ 0.00 Totals 9- 4 Next > of 8 !!! Prey A