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Required information

$[$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 $15$ units for $$38$ each.

$\backslash$table$[[$Purchases on December $7,10$ units $$24\mathrm{.}90$ cost$],[$Purchases on December $14,20$ units $$30\mathrm{.}90$ cost$],[$Purchases on December $21,15$ units $$$32\mathrm{.}90$ cost$]]$

Required:

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

$\backslash$table$[[$Perpetual FiFo:$],[\backslash$table$[[$Dote$],[$Decomber $?]],$Goods Purchased,Costof Goods Sold,Ieventory Balance$],[$I of Units,,$\backslash$table$[[$Goods$],[$Purchased$]],\backslash$table$[[$If of$],[$Units$],[$Sold$]],\backslash$table$[[$Cost Per$],[$Unit$]],\backslash$table$[[$Cost of Goods$],[$Sold$]],$tof Units,$\backslash$table$[[\backslash$table$[[$Cost Per$],[$Unit$]]],[$$$2400$