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Required informotion [Whe following information applies to the questions displayed below] Trey Monson starts a merchandising business on December 1 and enters into the following

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Required informotion [Whe 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 27 units for $40 each. Required: Determine the costs assigned to the December 3 tending inventory based on the FFFO method. Required: Determine the costs assigned to the December 31 ending inventory based on the FFO method. Irey Monson starts a merchandising business on becember 1 and enters into the following three Inventory purchases. Monson uses a perpetual inventory system. Also, on December 15 , Monson sells 27 units for $40 each. Purchases on Deceaber? 17 units e$16.00 cost Purchases on Decepber 14 Purchates on Decenber 21 33 units 8524,00 cost 27 units i $29.00 cost Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. Note: Round your per unit costs to 2 decimal ploces

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