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need missing blanks with blue around them Required Information Use the following information for the Quick Study below. (Algo) (11-14) [The following information applles to

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need missing blanks with blue around them

Required Information Use the following information for the Quick Study below. (Algo) (11-14) [The following information applles 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 15 unlts for $25 each. QS 5-14 (Algo) Perpetual: Inventory costing with specific identification LO P1 Of the units sold, 8 are from the December 7 purchase and 7 are from the December 14 purchase. Determine the costs assigned to ending Inventory when costs are assigned based on specific identlfication

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