Part Yo Required Information [The following information applies to the questions displayed below) Trey Monson starts a merchandising business on December 1 and enters into the folowing three inventory purchases Monson uses a perpetual inventory system. Also, on December 15, Monson sels 15 units for $25 each Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units $11.00 eBook Required: 10 10 Determine the costs assigned to the December 31 ending inventory based on the FIFO method Dete December 7 December 14 Total December 14 December 15 Total December 15 Decor21 Totals Goods Purchased Cost Pr Goods Pechased Cost of Goods