purchased on december 7 10 units at $24.00

purchased on decenber 14 20 units at $30.00

purchased on december 21 15 units at $32.00

Purchases on december 7 10 units @ $24.00 cost

purchases on december 14 20 units @ $30.00 cost

purchases on december 21 15 units @ $32.00 cost

Determine the costs assigned to the December 31 ending inventory based on the FIFO method. Determine the costs assigned to the December 31 ending inventory based on the FIFO method